My view is the fact that its not running away too much is good as too much movement can allow it to get to carried away. Slow and steady is just perfect forming nice bases along the way. It may not be the best day trader stock but in my view thats better long term.
I have seen plenty of stock in recent months just sit quite then explode when the deals are finalised. As said before by other posters, plenty of support between 56 and 62 in recent weeks.
MEO Price at posting:
63.5¢ Sentiment: Hold Disclosure: Held
