MAY 7.50% 2.2¢ melbana energy limited

May Chart, page-8904

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    Daily Chart, We`re still travelling under a bearish momentum divergence from the last highs at 10.5c, but I can confidently imagine 13.5c-14c just ahead before a retrace...maybe a spike up to the next long term 62% Fib at 15c?..but eventually if we`re still holding anything above 62% Fib 095c, we`ll then see above 22c in the long run..imo...as always though the 9 and 13 ema pair will show the overall trend direction. MAY 62% Fib 15c.png
    Last edited by W3hunter: 10/07/23
 
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