QPM
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0.00% 3.3¢ queensland pacific metals limited

I'd think about it like this:1. What is my target buy price2....

  1. OStirz
    221 Posts.
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    07/08/21
    14:37
    Post #: 55108190
    I'd think about it like this:

    1. What is my target buy price
    2. What is the probability my buy price will be hit?
    3. What is my target sell price?
    4. What is the probability target sell price will be hit?

    You should have an idea of item 3 and 4 from your fundamental analysis (if long term investor).

    I can't help you with item 1 and 2 except to say that using the example below I would need to be 75% sure that a retrace to 15 c will happen to make it worth waiting. I am definitely not confident of that.....

    https://hotcopper.com.au/data/attachments/3443/3443795-1b807fd091f97d308d186b7116a0d4f9.jpg
    QPM Price at posting: 19.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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