Forget the charting of this stock, because it's a small cap resources/materials stock, and charting on small cap mining stocks has been repeatedly shown to have very little or no value (because of their inherent volatility), and especially on stocks under at least a market cap of $500 million.
All of the charting analysis technology and assumptions mentioned here is only applicable to the ASX top 200 stocks, and it's only of any real value there.
QPM is a fundamentalist stock, at the moment, but one day it will become a $1 billion+ market cap stock, and under those circumstances, charting will then become a viable investment tool here.
Gw
QPM Price at posting:
18.5¢ Sentiment: None Disclosure: Held
