QFX 0.00% 0.1¢ quickflix limited

oversold.

  1. 684 Posts.
    For the past 4 weeks now QFX has been oversold.
    It appears to be slowly drying up now.

    Market sentiment always controls the direction of a SP and short sellers will take advantage where they can.
    Everyone wants to make money and that's just life.

    Sellers have been coming off the chart for weeks now and everytime it looks like the SP is making ground the sellers off the screen come in and help it retreat.

    However for the first time in a long time the seller volume is below 5 million. A good sign. A sign that possibly the short sell will be ending soon as the subscriber numbers are imminent.

    Patience to all loyal holders as our rewards will be coming shortly (pardon the pun).
 
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Currently unlisted public company.

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