QMN 0.00% 16.8¢ queensland mining corporation limited

nice chart, page-3

  1. 15,742 Posts.
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    slightly longer historical view:
    the current convergence of buy signals on stochastics, MACD and 50 DMA has only really occurred 3 times in two years (green arrows).

    the last time was in august, led to a small rise, but was too early in the yellow triangle for a decent attempt at a breakout.

    the time before was in July 2009.

    perhaps old holders might remember what that lead to?

    any decent break out of the yellow triangle could lead to a big trend reversal, esp if the fundamentals are solid enough to support it.


 
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