I'm only fairly new to MEO. To me, the chart does look ok. The past three days are showing the start of a classic "rising three methods" candle pattern. It looks to me as though there is some accumulation going on as the share has gone down on lower volume. IF we have a green up day tomorrow the candle pattern is complete and it suggests that the trend will continue higher.
dana22
- Forums
- ASX - By Stock
- sellers being mopped up by accumulator
I'm only fairly new to MEO. To me, the chart does look ok. The...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MEO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
Previous Video
Next Video
SPONSORED BY The Market Online