no offence taken, but I thought us poor old defenseless TA's would be safe in our own chart thread but 'not' :)
also not sure how to respond to your comment 'isn't in a normal trading pattern'
my question would be 'what is a normal trading pattern'?
but if your simply referring to the first drill results out Monday - wouldn't you as a larger player want to acquire as much as you could before an announcement at a discounted price
and this can all be seen on the charts, turn off the charts and you would think that MEO is just having another bad day but in actually fact (in say the weekly timeframe) it's getting stronger because the stronger players are removing or absorbing the current floating supply. cheers
MEO Price at posting:
45.5¢ Sentiment: None Disclosure: Held