General discussion (MEI), page-2050

So what's happening guys - are we ready for the next big move?

My last post I mentioned I got out at break even at 22,5. This week was so positive, I was in turmoil the whole week. Should I buy? or Should I wait?

I like the price action - its convincing, without being authorative, After touching 19 in last 3 weeks, it finally made a move. But weird - went up and then came down. Reached 27, then back to 23 - finally finishing the week at 24,5?
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So what was happening? As I wrote before, the moment it reaches around 27c price mark, market cap reaches around 500m. And it gets into eye of many. I think. So it has to deal with all other vagaries - like shorters etc as its in the eye of most. I wrote the same thing earlier. So for me, as a price action, is to get over this hump. And reach 30s.
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Personally, I was so tempted but have held back buying, I thought its better to play 30-50% gain which can happen if it gets over key level. So I wait. I know lot of you are already on a winner and there is no wait. Hope it continues like that for you. All the best.