MAY 2.94% 3.3¢ melbana energy limited

May Chart, page-12413

  1. 5,071 Posts.
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    Resistance at 7 4 but then why are you buying. I would say the brakes are coming off and stock will go up from here.

    A bit dramatic to be nervous on monday though. Are you trading a million bucks a day or what which from you is unlikely.

    I would appreciate if you chartist can just own up and say MAY brakes are off and chartist recommend to load up instead. Honesty counts for some you know.

    btw i hold and not sold one share. Been accumulating but I don't like the way Management have handled this.
    I think we will hit 20c easier than what some think due to the recoiled spring and manipulation. I also think many will dump on a small rise and miss out on the big share gain for MAY income producing company in the long run.

    i heard that hedge funds and companies short the shite out of a stock to accumulate low.
    Last edited by Brightoil: 19/01/24
 
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