QFE 8.99% 8.1¢ quickfee limited

Great entry point. Looking ready for a bounce and reversal...

  1. 583 Posts.
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    Great entry point. Looking ready for a bounce and reversal upwards.

    Restest of previous breakout, now as support at 37.5c.
    Head and shoulders into ABC correction.

    All indicators well oversold, forming a falling wedge on the RSI (bullish), and a double bottom on the Stoch RSI (bullish).

    Hoping to see a short term bounce to 44c - previous support, now resistance, before continuing upwards.
    Looking for the higher low to hold (from low 30's).

    As always, a positive announcement will kickstart the re-run.

    Best,
    L

    Screen Shot 2019-10-21 at 11.37.20 am.png
    Last edited by Larry73: 21/10/19
 
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