Hi @wombat777 ... A Comparison chart (MEP Vs ADN) almost exactly endorses your ~ 50%+/- valuation update. Note the % of MEP's value(close basis) verses ADN's now since the common equality start March low time frame. ADN running early double the rate/rise verses MEP.
Since I'm here with a chart(instead of the normal Chart thread) might as well include this updated chart I have been posting over there instead here ...
MEP ... When is this going to "take a breather" and from where" that is the question?ANSWER: Well nobody really knows with any assurity(I could be Caribbean???) BUT, but I will stick to my faithful chart FIBs, as they haven't really lied so far in this move, So WHY NOT continue and take a guess! 14cto complete this Impulse, with an outside possibility of 16.5c/17c) in a blow-off(scramble for that "equality" many are looking for), B4 any really consolidation commences. B4 that, however, very possible we could see some very short-term consolidation back towards its 2 GAPs(one today @ 10c and that other barely noticeable one @ 8.7c ... but don't think so!).
That's my guesstimate(american) ... and that's all it is!
MEP Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
