QBE 0.68% $16.39 qbe insurance group limited

quant map of risk for swing longs, page-12

  1. 9,544 Posts.
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    Very bearish action in the past few days. The run up to $12 was so spurious, just on the basis of the cost cutting efforts they rammed it through $12. I would rather they gap it down then close it higher. It needs a few white candles. At the moment it is just dropping like a rock.

    I think they will close it below 11.47 to create a breach of support.

    What is the excuse for the constant ramming down? US crop insurance payouts?
 
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