MAY 28.1% 2.3¢ melbana energy limited

May Chart, page-4529

  1. 10,189 Posts.
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    Saw it from a mile away and never took a cent off because fundamentals have changed. Charters look at TA that’s 50 percent of the chart all 3 other bounces were TA text book bounces. This is very different this is the appraisal of the biggest discovery in more than a decade. The original well that was done 12 months ago which started this downward trend due to a 12 month delay. All permits and production ticked off ready to go for oil flow come March

    Chart has started it’s initial climb and will keep running all the way back to 15-20 cents like it or not. Trade the swings good on you but this time the predictable sell on trend will change. This will reverse aggressively and continue its trend upwards
 
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Last
2.3¢
Change
-0.009(28.1%)
Mkt cap ! $77.51M
Open High Low Value Volume
2.8¢ 2.9¢ 2.1¢ $1.656M 68.27M

Buyers (Bids)

No. Vol. Price($)
4 3909224 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 2254933 11
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Last trade - 16.10pm 11/07/2024 (20 minute delay) ?
MAY (ASX) Chart
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