QMN 0.00% 16.8¢ queensland mining corporation limited

chart update, page-12

  1. 46,599 Posts.
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    Penny if you want to buy more I would raise my buy to 6.6c if I were you.

    6.5c is already a double bottom and a lot of black box systems would be set to throw in at market buy orders if 6.5c gets hit. It may only trade a small number at that price.

    Having said that the company could be stuffed in which case it could fall much lower than 6c.

    Risk reward favours a bounce if you like the stock so I would run with a higher chance of getting your order filled at 6.6c than 6.5c. ( IMO )

    Cheers Hoot
 
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