Australia's largest stock trading and investment forum Australia's #1 stock forum

QPM

Click for more information

2.70%

3.6¢ queensland pacific metals limited

Love yours charts! Thanks.

First 4 Last

Share
Profile

Follow
mrtobias00

1,191 Posts.

108

02/05/21

19:43

Post #: 52880969
Share

Originally posted by W3hunter: ↑

@sydney thank you mate that`s very kind to say I appreciate it! the chart cycle we`re looking at in this example is not only common to QPM but to most strongly trending stocks..the first approx 80% of this cycle is the initial retrace followed by a long bottoming/sideways period where eventually price begins to rise above 62% of the initial retrace distance, this is the start of the last 20%..(breakout period)..during this period price re`rate fairly quickly say 10-14 days...the 62% (breakout level) here is 12c and yes this very often becomes the new support (I bought more at 12.5c on Thurs at the "back test" ) the old adage "old resistance becomes new support"..if price closes back below 12c anytime soon then something is clearly wrong...but we can also see that these cycles are becoming shorter and shorter here, the trends up are increasing in confidence this could mean that our breakout is about to go parabolic. View attachment 3149984

Expand

Love yours charts! Thanks.

QPM Price at posting: 14.0¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

AIZ

Air New Zealand ditches 2030 emissions targets – right as ASIC's Scope 3 reporting changes kick in for FY25

Super PITch gold sponsor RSM Australia: Can Diggers & Dealers 2024 be key to reinvigorating IPO activity?

MTL

Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus

KSN

Mineral Hill transition kicks off for Kingston, gold and silver ramp up to follow

NWH

NRW Holdings voted Wealth Within's hot stock tip

There are more pages in this discussion • 5,417 more messages in this thread...

First 4 Last

Add QPM (ASX) to my watchlist

(20min delay)
Last 3.6¢		Change -0.001(2.70%)		Mkt cap ! $90.76M

Open	High	Low	Value	Volume
3.7¢	3.7¢	3.5¢	$63.30K	1.763M

Buyers (Bids)

No.	Vol.	Price($)
1	13404	3.6¢

Sellers (Offers)

Price($)	Vol.	No.
3.7¢	1299830	14

View Market Depth

No.	Vol.	Price($)
1	13404	0.036
4	1046529	0.035
5	599411	0.034
16	1051996	0.033
12	2687210	0.032

Price($)	Vol.	No.
0.037	1286120	13
0.038	387469	7
0.039	675000	4
0.040	390612	5
0.041	106000	2

Last trade - 16.10pm 30/07/2024 (20 minute delay)

QPM (ASX) Chart

SPONSORED BY