tomleonhart
"Bull Flag" patterns occur in an UPTREND in a stock. They are really CONTINUATION signals that the stock will keep trending higher.
QAN has been in a DOWN trend ... what we are looking for is a REVERSAL signal, one that shows the down trend is over ant that the SP is turning upwards.
Current QAN has formed an INVERSE (or upside down) Head & Shoulder pattern, this forms at the bottom of the downtrend and signals a change in sentiment and reversal of the SP .... for more info you can go to this site.....
http://www.chartpatterns.com/invtdheadandshoulderschrts.htm
downtrend break, page-53
-
- There are more pages in this discussion • 116 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add QAN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.84 |
Change
0.000(0.00%) |
Mkt cap ! $10.69B | |||
| Open | High | Low | Value | Volume |
| $6.85 | $6.88 | $6.79 | $31.32M | 4.585M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5496 | $6.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.85 | 83582 | 12 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| QAN (ASX) Chart |