MEO 0.00% 0.0¢ meo australia limited

why the big selloff ?, page-7

  1. 22,593 Posts.
    " What makes more sense is that A ... It wasnt such a huge sell off ... volume was average and a lot of the professions like to close their positions before the weekend.

    Also if you look at the charts , techincally they offer the answers you are looking for. "


    volume for the last two days has been high over 6million each day and the average is just under 4 and both days were up days meaning that this is when they disguise their offloading, this is the only time they can without putting pressure on the share price

    and looking at my chart or my crystal ball I see weakness approaching from the action of these last two days - very similar to the ambush that the maroons inflicted - they disguise it - we will see next week if the ambush was as successful as the maroons were :)


 
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