QMN queensland mining corporation limited
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qmn cried wolf, page-10

  1. h00ts
    46,902 Posts.
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    06/04/11
    12:33
    Post #: 8221840
    Pretty easy to see where the momentum is unfortunately ! A picture paints a thousand words. QMN is current below all its M/A,s and strong resistance lies above as shown by the pink arrows ( top downtrend line and horizontal Fib.

    Price contained for now in the top blue circle but could fall in to the lower blue circle. It goes without saying that you need some substantial news to get back above the 50% fib level at 13c

    QMN Price at posting: 9.8¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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