MEO 0.00% 0.0¢ meo australia limited

stand your ground watch and wait, page-21

  1. 22,593 Posts.
    morning R2R,

    gee mate you pair will be real welcome round here saying that stuff :)

    but anyway my scope for the morning is they've run us up a few cents and then have offloaded about 9million in about a 30min bar

    that was just past the first hours trade and from there I'd expect them to stand aside and for say the next 3hours hold us here bringing in more buyers before letting it fall over and reaping the benefits off the ST traders selling back to them again

    there's still almost another 3odd hours to go for this bar to complete and the volume is pretty big already, so just imagine this 4hour bar when it's complete with the second bar on that chart of mine after the big drop on Monday

    compare them for weakness, this bar may not end up looking like that we may go in a different direction but it's something to keep in mind hey

    ah anyway if all goes to plan and they do hold this bar up the next one which will be the last hour bar should fall down

    also you'll notice that we are currently just putting along sideways 22.5-23cents thats the 'jones' buying

    here I'm only thinking ST and just for today

    cheers


    P.S. have a look at BBG nasty little critters jumped yesterday ummm

 
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