I am inclined to agree with you @bustermove18. QFE broke out of the channel for a couple of days but is now hovering just below/around it. The handle looks over extended to me, although better chartist than I would probably disagree.@Mundo and @Ben2010. I am in at 52.5 from 13 Septrember with a largish parcel for me and thinking of cutting my losses. I get resistance at 57 and support at 43.5 on the daily. Also the MACD, which I am learning, is pointing down and has been since 25 September which is probably when I should have got out at 52 or thereabouts. Conversely the sell down has been on relatively small volume.
