QGC queensland gas company limited

re: retrace about to start.. There might be a minor retracement,...

  1. 79 Posts.
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    re: retrace about to start..
    There might be a minor retracement, i would say more like the mid 90s (mid 80s is worse case scenario) as some profit takings occur immediately after 07/09/06 because some people want to lock in the profit they made from subscribing to shares at 63 cents.

    However after reviewing the volumne and price actions over the past year (in particular at the beginning of this latest uptrend), I would hazard a guess that some time very soon there will be a very sharp spike in share price.







 
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Currently unlisted public company.

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