MEO 0.00% 0.0¢ meo australia limited

farhnazi: Ther's no way I can say where MEO will go after the...

  1. 1,383 Posts.
    farhnazi: Ther's no way I can say where MEO will go after the farm out announcement because, quite honestly, I really have no idea.....

    Look what happened with MOG!

    However, on the chart below, I have shown the trading range that is currently developing..

    A favourable announcement should, and I stress should, propel MEO northwards but to where is anyone's guess....

    I think the important thing to keep in mind is that when and if a big move comes they don't go on forever

    trying to pick the top is just as hard as trying to pick the bottom!!!

 
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