The sellers are starting to become scarce , as they try to drive the stock down they are met with a wall of buyers.
The market is finding it extremely hard to coax more than a couple of million shares a day from MEO , even on a market negative day.
The ascending lows have still not been broken, & the day highs are getting higher.
So it is still my opinion that MEO's SP is still going up.
TTR.
