MEO 0.00% 0.0¢ meo australia limited

Anyone who doubts the use of charts might like to take a look at...

  1. 496 Posts.
    Anyone who doubts the use of charts might like to take a look at the charts I posted on the gap down day...24/11.....

    That gap down on exceedingly high volume was a warning to get out....or at least place a stop directly under the low of that day's bar.....


    There are three types of gaps, breakaway, continuation and exhaustion.... It could only be a breakaway gap.


    Unfortunately the price has declined to a point where it might bounce and you could sell at see the price reverse..but it might not...if you decide to sell and cut your losses have a plan in place to buy back in...many people just sell and bolt.

    then you really have done your money

    I also posted the latest charts




    [IMG]http://i861.photobucket.com/albums/ab174/avella1992/meoweek

    ly-1.gif[/IMG]





 
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