I'm only fairly new to MEO. To me, the chart does look ok. The past three days are showing the start of a classic "rising three methods" candle pattern. It looks to me as though there is some accumulation going on as the share has gone down on lower volume. IF we have a green up day tomorrow the candle pattern is complete and it suggests that the trend will continue higher.
dana22
- Forums
- ASX - By Stock
- MEO
- sellers being mopped up by accumulator
sellers being mopped up by accumulator, page-15
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)