MAY 6.06% 3.5¢ melbana energy limited

May Chart, page-83

  1. 13,984 Posts.
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    There's a few interesting observations here around recent price action, vol, trend and momentum. firstly there was a pretty quick recovery from below 067c not much supply down there at all..that short drop was also on much lighter vol than has been during the whole trend..the other thing is that the entire 35% drop from 083c-054c wasn't volatile enough to cross the 5 and 13 ema`s..this is usually a very strong sign when the 2 averages kiss but don't crossover and then price goes back to normal range ..lastly the daily and weekly macds are close to being in unison again (compound momentum)..price looks like its wanting to higher imo..I`m ready to buy more pending that daily macd and vol confirmation. MAY trending.png
 
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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
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
MAY (ASX) Chart
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