One thing I' ve learned after 15 years is that of lately, if the a particular share is experiencing a lot of volatility (MEO,cnp )after halving in price, if Dow is slightly red, they will tend to move up.Yesterday was a Knee jerk of a day because a lot of traders felt it was a repeat of the last week meltwdown......when they realised that it was not the case the market rallied in the afternoon. CNP and Meo rose in the afternoon as well.Today it was a profit taking for many picking bottoms yesterday and possibly re-entering later on during the day, so we might have another finish similar to yesterday IMO.These are only my observations, feel free to disagree.
MEO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
