MAY 6.06% 3.5¢ melbana energy limited

A great ANN just now!!! Thats the push we needed!!Looking at MAY...

  1. 340 Posts.
    lightbulb Created with Sketch. 335
    A great ANN just now!!! Thats the push we needed!!

    Looking at MAY on the LTF - with a lovely breakout. I want to see the POC held as support and then looking for continuation towards the range high. PT for the breakout $0.34 at the (Fib 1.618). I would expect some resistance at the RH. I also want to see more volume to confirm the breakout.


    https://hotcopper.com.au/data/attachments/4244/4244831-adad4d609a81f1a0221bc3c9f2b5bf6a.jpg
    On the 1D we need to reclaim the POC (currently in the process) and the range high to confirm a HH. All indicators showing we will push to the top of the range. Swing traders will be looking at this breakout also.
    https://hotcopper.com.au/data/attachments/4245/4245248-142257d42dc8070f8da10e27877a59f6.jpg
    I am hoping we see something like this in the coming days and weeks:
    https://hotcopper.com.au/data/attachments/4245/4245277-726a894f20926c1970522eb595f2fd60.jpg

    As always. DYOR and this is not financial advice.

    Lets go MAY - May is looking like a fantastic month for MAY and its SH!
 
watchlist Created with Sketch. Add MAY (ASX) to my watchlist
(20min delay)
Last
3.5¢
Change
0.002(6.06%)
Mkt cap ! $117.9M
Open High Low Value Volume
3.3¢ 3.6¢ 3.3¢ $577.5K 16.92M

Buyers (Bids)

No. Vol. Price($)
5 1018559 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 1521853 6
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
MAY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.