If you draw a chart then people behave accoring to that.
on the support if chart says for break down then autometically panic emerge and everyone rush to next support.
So it is the chart/target which motivate people to act in certain way. now if the support breaks everybody will be panic and rush for next support and in reality some time low support touch with few hundred share trades and then pull back and many times I was not able to re enter and hence lost many chances. So stay hold and not creat panic.
MEO Price at posting:
50.5¢ Sentiment: Buy Disclosure: Held
