price has formed a big bullish candle on daily timeframe with volume 10x above average. The heavy buying makes this an interesting situation and one worth watching on Thursday, bought some today. From a technical standpoint, the stock is starting to show some signs of acumulation with high volume on upside days and low on dowside days. I expect this rally to continue which can take prices towards 2.44/2.50 levels as long as 1.80 levels are protected on downside.
MEI Pharma Inc (NASDAQ:MEIP)
Started by
Costa
, Nov 05 2015 01:22 AM
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#1
Posted 05 November 2015 - 01:22 AM
Costa
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