MEO
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0.00% 0.0¢ meo australia limited

support and resistance

  1. OrgoneAccumulator
    1,383 Posts.
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    22/10/09
    18:15
    Post #: 5818715
    it's all about support and resistance right now with MEO IMO....Don't forget we have a jittery market...any sign of weakness and everyone jumps ship.

    Below are three charts

    The first is the daily

    The second is the 60 minute which shows support and resistance more clearly and lastly is the weekly which, interestingly, reveals that what MEO is doing now is almost identical to february 07 just prior to the big upswing.....

    but that doesnt mean its going to happen again!





    MEO Price at posting: 59.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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