MAY 5.56% 3.4¢ melbana energy limited

let it bounce around in the short term if need be..but the rule...

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    let it bounce around  in the short term if need be..but the rule of thumb when price closes above a 62% Fib level is that the new trend will eventually go beyond the previous high..the 62% Fib level here is 074c..the previous high is 096c...so above there somewhere. MAY 62 rule of thimb.png
 
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