MEO meo australia limited

Forgot to mention but if and when we do hit our next bit of...

  1. 22,593 Posts.
    Forgot to mention but if and when we do hit our next bit of SHORT TERM RESISTANCE

    This is only for anyone thinking of entering a new or another trade, to increase your profitability on that purchase WAIT until we bust thru the newly created resistance level the second time and then when we come off and TEST (we know what testing looks like hey) buy then

    buying when it has tested ensures and removes the risk because that is their signal that the selling has stopped and they are ready to move the price on again

    if you want to buy it when the price is moving up and thru resistance level you don't know if or what they are going to do in the short term and it could be pretty nasty, only a thought

    P.S. This should actually be the only way you trade or buy a stock
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.