![[Bullish]: Trend following indicator for MEZ highlights upward price direction is likely](http://tricklar.com/ArticleImages/ASX/MEZ/MEZ_73.png
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[Bullish]: Trend following indicator for MEZ highlights upward price direction is likely
[BULLISH]: Meridian Energy currently has a confirmed uptrend. Recent trading has caused the WMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is 4.1%.