QBE
Medium term Buy
Entry @ $20.14
Target $28
Stop @ 18.25
Pretty basic look at yearly cycles. Accumulation period in March and distribute in September and if history repeats this will be a lower risk profitable trade.
Medium term buy and accumulate in the low 20's ( now ) Selling in a 4 - 5 month period with a 25 - 30% gain. Buying on CFD's Im aiming for a 100% leveraged return at 25% margin.
Would enjoy another chartists to overlay the US dollar chart over QBE chart if anyone has the time. Please DYOR
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weekend charting march 18-20, page-24
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