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3.85%

2.7¢ melbana energy limited

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11,451 Posts.

1056

27/12/22

18:21

Post #: 65452907
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Originally posted by slick: ↑

Yeah the current converging angles of MACD certainly show caution but it won’t stop there being daily or overnight trades presented while it’s in positive territory IMO. Grab the intra day spikes while you can. It’s why I included it in my post.
MACD can be a fantastic indicator for traders as when it begins to roll over which you have noticed to your credit, it often provides great trades as it indicates that the heat is coming out of positive momentum but it provides quick spikes. This doesn’t happen when MACD is going the other way. (Keep this in your tool kit when considering DT’s).

Cheers.

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Lot more of that will be appreciated

MAY Price at posting: 6.1¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 2.7¢		Change 0.001(3.85%)		Mkt cap ! $90.99M

Open	High	Low	Value	Volume
2.7¢	2.7¢	2.7¢	$18.45K	683.5K

Buyers (Bids)

No.	Vol.	Price($)
1	50000	2.6¢

Sellers (Offers)

Price($)	Vol.	No.
2.8¢	269722	5

View Market Depth

No.	Vol.	Price($)
1	50000	0.026
9	1064660	0.025
9	1342369	0.024
10	2462925	0.023
7	1783637	0.022

Price($)	Vol.	No.
0.028	269722	5
0.029	344071	5
0.030	600000	4
0.031	469583	2
0.032	1503548	6

Last trade - 15.50pm 18/09/2024 (20 minute delay)

MAY (ASX) Chart