AsimMirzaTrader

MEZ - Looks Bullish?

Long
ASX:MEZ   MERIDIAN ENERGY LIMITED
MEZ has been consolidating for quite sometime now and has unable to break support. The price action suggests that it could hit the Resistance level of $5.50 (a potential 8% move) on the upside. My Stoploss will be $4.50, below the previous swing low.


Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.