MEO 0.00% 0.0¢ meo australia limited

bye!, page-21

  1. 22,593 Posts.
    'Your two lows are of different volumes and your closes are also at opposite ends..'

    sorry mate, I must have confused you there, the point was that they were gunning for the new lows ie. underneath the lows of the most obvious place where most of traders would've had their stops near. 15OCT, it didn't matter really where our close was today compared to that previous day as that day was a '.....day' which is different from today.

    over there on the 15Oct, we found buyers after dipping down, today we found that the big boys/girls punished us straight down taking out everything, scaring the scrap out of a lot of ST/weaker traders over the last week.

    just think about it, all of the traders that had been buying way back up top there between say 15 - 22Nov who got trapped, a lot possibly would have bailed and sold back to the big boys for a loss, and really if you think about it, it was the big boys who sold to them before the 15th Nov anyway, maybe. cruel world hey

    so anyway back to what maybe on the agenda

    because it only took out 50K at 44.5cent today, it makes you wonder if they'll revisit there again, ie. one big push down thru and under 44.5cents ie. under where all the stops are sitting, and then bring it back up and that should, maybe, fingers crossed, hope, that it will be all over, and yes into your consolidation phase. lets wait and see, I'll be waiting for my ..... cheers

    P.S. is that a self portrait ?

 
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