G'day folks,
As you may recall I went short QAN at the end of last week and then sold on Tues for a nice profit.
I thought the reaction to 4.73 (50% retracement of the decline might have been as high as it might go since the volume has been piddling but it has now gone to 4.74. A 62% retracement of the drop is 4.77. Any thoughts.
I have just shorted.
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---|---|---|
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41 | 57152 | 5.850 |
25 | 52451 | 5.840 |
14 | 39945 | 5.830 |
13 | 31646 | 5.820 |
Price($) | Vol. | No. |
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5.870 | 33407 | 37 |
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