QPM 2.78% 3.5¢ queensland pacific metals limited

Short term target: A$200m market cap (~20c), page-652

  1. 1,089 Posts.
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    Can someone please issue a chart us amateurs can understand and draw a trend line under the lows from feb- august - this is the easiest way to see where the sp is headed.

    For those interested my simple calculations to forsee the sp jump is by minusing the recent low - 15c off of the recent high - 19.5
    19.5 - 15 = 3.5

    Add the remaining to the high -

    19.5 + 3.5 = 23c

    So 23c or there abouts should be where its headed short term - as in a few weeks or few days depending on MACD and volume - Rsi is still not overly cooked yet and should see a short reversal while we consolidate back after this small run ( to form the handle )

    23c also should keep us in line with %npv figures so is nowhere near pumped but is coasting at the correct trend vs company accomplishment so good buying imo

    Dyor team, the above is not advice.

    My thoughts are long term $2.40. So figures suggested are just a small figure of what i believe QPM to be in the length of my holding before i reassess position.
    I do note this may belly flop as i am not retired yet from holding positions.






 
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Last
3.5¢
Change
-0.001(2.78%)
Mkt cap ! $88.24M
Open High Low Value Volume
3.6¢ 3.6¢ 3.4¢ $138.0K 3.952M

Buyers (Bids)

No. Vol. Price($)
2 305256 3.4¢
 

Sellers (Offers)

Price($) Vol. No.
3.5¢ 953558 2
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Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
QPM (ASX) Chart
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