MEI Pharma (MEIP) preview for April 2, 2015

Intraday volatility of MEIP shares is still huge as the stock is trying to find some new equilibrium. Only a close above $2 could somehow turn the tide and stop MEIP shares from inevitably becoming penny stocks. Bearish.

MEIP daily chart (1 month):

meip

Chart courtesy of http://www.StockCharts.com

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