Wave 4 retrace seems to be complete now (5 waves down to the 50%Fib and stochastics turning up ) it appears also that there was a flush out of stops at the 50% Fib followed buy a big vol day of accumulation ..wave 4's are a trading range though and so some Fib resistance is expected on the upside now below the top of wave 3 (097c) ,... typically wave 4's take on a triangle shape as price consolidates into equilibrium before a 5th wave breakout to new highs.....the upper Fib resistance numbers now are ...50%.073c and 62% 08c..ish...
QBL Price at posting:
6.1¢ Sentiment: Hold Disclosure: Not Held