MEO 0.00% 0.0¢ meo australia limited

charts v2, page-76

  1. 5,657 Posts.
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    Just been reading the Chart thread and trying to get my head round Robs charts. He loves ranges and be my take, we are near the end of one.
    Good conversation between Mitta and Gobble that I thought was very appropriate for the last few days.

    Mitta Q What is a shake out.

    Gobble A

    Demand is present in the major shareholders capable of orchestrating the shake-out.
    Supply is from the emotional retail investors.

    Hope you don't mind me using it, but SPOT ON.

 
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