lachlan, I am no good at picking support levels or do I even try what we should be looking for is not to pick the bottom but to minimise our risk of entry, that being ones initial entry or maybe even an another entry to reduce the average of our longer term holdings
what I am looking for is for the 1. floating supply to be removed and this will seen on the chart 2. for this to be tested successfully with a higher low on reduced volume
what will aid our recovery will be as well a better global outlook on our markets
I would suggest that maybe stocktoe or funkymonk could give you their thoughts on support levels and also what mamma has suggested is also something that should be considered
MEO Price at posting:
25.5¢ Sentiment: None Disclosure: Held