MEE ready for a break-out

Discussion in 'Stocks' started by wiesman02, Feb 14, 2007.

  1. In a consolidation pattern for the last 10 days, and seeing lower and lower volume. Not quite volume dry-up.

    Today its on pace to double yesterdays volume, and the intraday chart shows a nice little reverse head and shoulders pattern.

    Flirting with breaking the upper bollinger band as well as the 50 day moving average. What a freakin' tease.

    I'm in a 23.96. Gl, and lets hope for a break-out. 11% short ratio hopefully getting a squeeze soon.
  2. nice little triangle forming here. Hopefully we'll see a break-out 3:40-4:00
  3. Hey, not too shabby. Broke up to 26.05 today. I'd call myself a genius, but we're in a bull market :D