MEO 0.00% 0.0¢ meo australia limited

doesn't make sense, page-19

  1. 5,657 Posts.
    lightbulb Created with Sketch. 4
    I think the point here is mums and dads don't really move the price.
    The price is set buy the one's creating the swings.
    With less sellers on these swings, they will let the price run because there is no longer any point in doing it.

    The chart looks pretty dam good to me. I'm not sure what people are expecting.

    It's doing 11-12c leg ups before a pull back.

    Jul 1 - Aug 3
    Aug 25 - Sept 21
    Sept 23 - 11 Oct.

    Last swing down 2 Nov + 12c + 68c which is a Fib, the next target before they pull it down again.(IMO)

    Notice the gaps between the swings are getting shorter.

    Totally agree with Hotrock on the stops.
    15 Oct 51 to 45c was a blatant hurt for stops.



 
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