QGL 2.04% 50.0¢ quantum graphite limited

Interesting setup, have been oscillating from peaks to the EMA...

  1. 5,209 Posts.
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    Interesting setup, have been oscillating from peaks to the EMA 40 and 50over the past 2 years or so, if this is a turning point, it makes for an interesting one. As it is on a weekly close/ open, if we turn now, we do so on a higher low than the previous cycles high. The last time that happened, the stock ran from the 30's to 70c.

    Just purely opinion at present, but looking to hold a close of 62.5c this week, with a higher low next week, as well as looking for that MACD to cross into positives and the momentum to swing to buy.

    https://hotcopper.com.au/data/attachments/5821/5821479-0d4daaf5a078f24f0783f800bd7a5b6d.jpg

 
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Last trade - 16.10pm 20/05/2024 (20 minute delay) ?
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