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): Chart courtesy of http://www.StockCharts.com Please read the Disclaimer!