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The MACD in the 5day/15min is close to cross.Last time it did...

  1. Flight500
    5,813 Posts.
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    25/11/09
    21:51
    Post #: 5963308
    The MACD in the 5day/15min is close to cross.

    Last time it did happen, MEO went from 50c down to 45c.
    Currently from 47c - how low can it go... until might be MEO go until find a serious supportlevel.
    But the insitutions traders play with this mind game and have might taken large short positions from current "Buy" side.
    Will be easy for them to convert into lower full "BUY' sides.

    MEO Price at posting: 47.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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