Baring a general market decline, it feels like momentum will take it past $15.
Momentum aside, there have been no major disasters, interest rates will rise within a year and the A$ fall magnifies US earnings.
Add to this increasing premiums, cost consolidation and quality management an it feels like a buy to me ( I am already set).
If I am wrong it does pay dividends and it has some solid technical supports between here and a loss so I like it.
If it does not break out now it will at some point.
qbe share price, page-34
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Last
$16.18 |
Change
-0.010(0.06%) |
Mkt cap ! $24.30B | |||
| Open | High | Low | Value | Volume |
| $16.27 | $16.36 | $16.17 | $59.11M | 3.643M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13364 | $16.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.18 | 2683 | 1 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| QBE (ASX) Chart |