MAY 4.17% 2.3¢ melbana energy limited

Wooo Hoooo Go MAY :)$$$$$$$, page-1706

  1. 1,694 Posts.
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    THat sell off this morning was akin to a Bullish Hammer - a Candlestick chart pattern. Starts off high then falls to a certain low point then reverses back up again - usually over a whole day - but in today's case all happened within an hour or so.
    There were 90 trades between 10.22am & 10.27am today - totalling 6.9m - ranging from 7.0 down to 6.5 and back up again to 6.9 - incl. 4 1.5m+ parcels spread across 58 of these 90 trades.
    But don't be surprised if this sort of thing happens again in the next 2 weeks - whilst - imo - tax loss selling can expect to prevail - before ending on 28 June.
    My sentiment? Buy - IF & when it does happen again - but you're most likely to need to be as watchful as a DT - i.e. nothing else to usefully do? GLTAH.
 
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(20min delay)
Last
2.3¢
Change
-0.001(4.17%)
Mkt cap ! $77.51M
Open High Low Value Volume
2.3¢ 2.4¢ 2.2¢ $61.98K 2.702M

Buyers (Bids)

No. Vol. Price($)
4 753326 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 2582136 17
View Market Depth
Last trade - 16.10pm 29/07/2024 (20 minute delay) ?
MAY (ASX) Chart
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