QRX 0.00% 2.8¢ qrxpharma ltd

Hi Lionel, Matt.I'm thinking we are due some good times here....

  1. 6,485 Posts.
    Hi Lionel, Matt.

    I'm thinking we are due some good times here. I've been looking at the charts, trades this week etc, and I think we've seen the worst. Liquidity is rising and I made a nice trade at the end of the week to offset some of my paper losses. It could be a great trading stock for the next few weeks and I plan to pay close attention.

    On my charts, I have buy signals from the RSI and CMO (my favourite). As you can see we've blown the fib retracement apart still sitting below a 61.8% retracement of the May highs. It's too much and 1.17 was too hard to resist last week.

    Here is the chart, comments and criticisms welcome. MA's are ema blue 9 red 20 black 100 green 200



 
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