MAY 3.85% 2.7¢ melbana energy limited

May Chart, page-2374

  1. 14,264 Posts.
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    Psychology at the bottom of a wave 2 is counter intuitive, lots of frustration at the stagnant price, lots of complaining about the wait, feeling hopeless etc, in the past while working this out I`ve sold right at the bottom many times! I mean exactly at the bottom out of frustration within days of a major breakout , but had to learn to look over the horizon just that little bit more. very rewarding when it does break upwards..I have a good feeling about this one, even that bad news might not ruin the established pattern so far....(that`s wishful thinking though)
 
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