MEO
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Meo lost 6c or nearly 13%.Now it looks really very ugly.The DOW...

  1. Flight500
    5,813 Posts.
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    27/11/09
    16:05
    Post #: 5974073
    Meo lost 6c or nearly 13%.
    Now it looks really very ugly.
    The DOW will have its red session on friday and the MEO buyers side has become thinner and thinner.
    I reckon, the institutional traders still interested in MEO will use current bad Dubai Market climate to push Meo down and buy back in lowest levels to get.
    Right now is no any support.
    I dont like to use a 6 month chart to figure out any support.
    MEO Price at posting: 40.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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