It would be nice to see the same share amount as in 2007.
I do not know what was going on back then. Could someone share and compare to now please.
The Relative Strength Index (RSI) is strong and indicating a bullish. Watch for sell signals triggered when RSI is in overbought (70-80) area, potentially signaling a market top. Might be time for a small correction before the next push.
The growth is showing a big push and is showing a strong finish for the day.
To confirm a market turnaround or trend reversal, the technical analyst must determine whether or not the measurements of price and volume momentum agree with each other. If they do not, it is a sure indicator of weakness in the trend, and thus a trend reversal may be well on the horizon. If we look at volume from the standpoint of momentum we see a recognizable level of buying and selling activity. Because volume is paramount I use five different volume indicators in my charts, as follows;
MEO Price at posting:
33.5¢ Sentiment: LT Buy Disclosure: Held