I'm quite delighted to hear that my ramping was successful, perhaps you bought the shares I was dumping.
But in all seriousness, while I'm pretty confident you'll be happy with your purchase before long, I actually wouldn't have bought today (now yesterday/Tuesday in eastern Australia). Open looked ambiguous, and it then started dropping which isn't a great sign (talking only about the very short term) after such a great rally. Don't get me wrong, unless you're heavily analysing it and looking to maximise your entry by a few pips it doesn't much matter, but hey, this is the chart thread so this is where we indulge in overanalysis, right? Haha.
So, given the rally took a pause today, we might see a pullback to around 6c support (if so I'll likely top up when it looks like it has consolidated and resumed the upwards trend) or a flat consolidation period for a while, either of which would be very healthy after a recent low of 2.8c to 7.4c yesterday (Monday). As long as 6c support holds, which I'm reasonably confident it will, I'm not in the slightest bit concerned.
The obvious resistance point now is 7.4c. I'm honestly not in a hurry to see it get broken, as addictive as rapid rally excitement is; consolidation is healthier when the RSI is this hot.
Oh, and after 7.4c, we have resistance at 9c, 9.2c and 9.3c, all of which more or less line up and should give us a fair target to beat, once we do it should be a good run to 15c... I could go on but I'm already getting ahead of myself. Tomorrow (well, today/Wednesday) will be an important day in determining the next direction after Tuesday's small drop. I'll be watching with bated breath.
Congratulations on your purchase!
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QPM
qpm energy limited
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3.8¢

I'm quite delighted to hear that my ramping was successful,...
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Last
3.8¢ |
Change
0.001(2.70%) |
Mkt cap ! $95.96M |
Open | High | Low | Value | Volume |
3.6¢ | 3.8¢ | 3.5¢ | $338.7K | 9.181M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 2656505 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 382797 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 2656505 | 0.035 |
12 | 2259792 | 0.034 |
6 | 205484 | 0.033 |
4 | 265375 | 0.032 |
3 | 570000 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 325953 | 3 |
0.040 | 254854 | 4 |
0.041 | 130000 | 2 |
0.042 | 352771 | 3 |
0.043 | 230000 | 1 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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QPM (ASX) Chart |