QRX 0.00% 2.8¢ qrxpharma ltd

down but not out, page-10

  1. 6,485 Posts.
    Hi Lionel, Matt.

    I'm thinking we are due some good times here. I've been looking at the charts, trades this week etc, and I think we've seen the worst. Liquidity is rising and I made a nice trade at the end of the week to offset some of my paper losses. It could be a great trading stock for the next few weeks and I plan to pay close attention.

    On my charts, I have buy signals from the RSI and CMO (my favourite). As you can see we've blown the fib retracement apart still sitting below a 61.8% retracement of the May highs. It's too much and 1.17 was too hard to resist last week.

    Here is the chart, comments and criticisms welcome. MA's are ema blue 9 red 20 black 100 green 200



 
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