in the past 3months the number of shareholders has gone from 4500 to 9000.
and the top 20 held over 40% BUT NOW HOLD LESS THAN 25%.
this is all the explanation you need, the stock is being held by thousands of punters.....and when it's not being fed by a feeding frenzy, it will be feed by a panic.
fibonacci retracements now come in to play, and the first one at 49 just failed.
the last two days of meo explained, page-3
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