Great effort by QFE to hold its ground in a very bearish, volatile days trading. Finished up half a cent. Not many stocks can say they closed in the black today.
Read on an American site that the day after a huge sell off (U.S.) there is an 81% chance of a 2% rise, the next trading day. We can only hope that the US has a calmer night, Friday our time. The DOW futures are wild atm.
If the markets settle another attack on the 50c resistance mark is on the cards. Will re-evaluate on Monday as was a bit gun shy today although purchased a gambling stock on a punt.
QFE Price at posting:
39.5¢ Sentiment: Hold Disclosure: Held
