MAY
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6.25% 3.0¢ melbana energy limited

Looks like some accumulation happening at 0.13.Seem to be...

  1. 00ghost
    109 Posts.
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    20/04/22
    12:04
    Post #: 60933807
    Looks like some accumulation happening at 0.13.

    Seem to be testing the higher lows of 0.125 - 0.13 @ FIB 0.236.

    Expect to see an update of flow test and price action over the next few days.
    • A bounce to FIB 0.5 @ 0.16
    • A drop to FIB 0 @ ~0.10 - 0.125

    https://hotcopper.com.au/data/attachments/4277/4277460-91a3b8feeb3d0b67f63837cc3d153ebe.jpg
    MAY Price at posting: 13.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 15  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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