MEO 0.00% 0.0¢ meo australia limited

sellers being mopped up by accumulator

  1. 1,302 Posts.
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    All,

    It looks obvious to me that accumulation is taking place here , after large volumes & higher prices in the last week or so, price has drifted down on fairly light volume..
    This is what happens in an uptrending share, its not always straight up, two steps forward , one step back.
    Be patient people , this hasn't taken off yet ,
    if you think the rise in the last week was good , "you aint seen nutin yet".......

    Then again it may all turn to "shizen-houzen"..... but I doubt it.
 
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