MEO 0.00% 0.0¢ meo australia limited

charts v2, page-81

  1. 1,603 Posts.
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    Hi nana

    Same as you. When the CR was announced the trader said sell and the optimist said hold so I sold half when we came out of the TH.

    MEO clowns have reached new bungling highs for me. First they let news leak @82c high and the share price was dumped for three days with no TH before announcement. Then they bungle the big farmin deal (oops forgot to ask CUE if they will sign) and now this.

    Looking to get back in near bottom. LT support @ 43c, 50% fib @ 42.8c, 195EMA support @ 42.5c so looks like it may hold but MACD pointing down so catching knives. Will wait for the afternoon dump and see if it tests 42.5c again.

    Cheers
    Rhodes
 
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