MEO 0.00% 0.0¢ meo australia limited

still a long way to go at least it's moving, page-2

  1. 1,675 Posts.
    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;



 
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