It seems simple to me: we have risen a great deal in the last few weeks and consolidation near a resistance point is to be expected as some leave happy with good gains and others feel threatened...why it can't rise 10% every day?? Patient money transferring to impatient hands at the moment...
We need to remember that every two cents and is more than what the banks are paying in a years interest. So a stock with great fundamentals becomes a play ground for point scalpers.
Overall are things looking up or down for MEO?
(that was rhetorical btw...)
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