MEO 0.00% 0.0¢ meo australia limited

farahnaziI think you're right there. Bit of trading between...

  1. 576 Posts.
    farahnazi
    I think you're right there. Bit of trading between roughly 48 - 55. (So the late 52 sell off this avo - i think is traders closing positions with a view to buying in again tomorrow on the basis that the 'gap' will be filled). Not that all gaps must be filled of course but it has bounced off 55 again today.

    On the daily charts, I think 55 cents as a resistance point has to be broken through and then retested as proper support.

    I think most of us consider longterm this puppy is going up, just the short term fluctuations are interesting to trade/watch.




 
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