QXR qx resources limited
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Big red candle is concerning. The positives: MACD open, OBV (30...

  1. mcgaffen
    3,583 Posts.
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    11/10/22
    20:25
    Post #: 64145566
    Big red candle is concerning. The positives: MACD open, OBV (30 day SMA) rising, 30 has crossed 100 day SMA, and 30 day very close to crossing 200 day SMA - so, in terms of metrics / indicators - it is bullish - BUT, you just can't ignore such a BIG red candle. Who knows what will happen tomorrow. For me, a perfect scenario is to close above 8.5 on Friday - meaning a break out on a weekly chart. I'm keeping my stop nice a tight though. Will be watching closely tomorrow!!! I actually wish I had sold when it cracked 9 this morning.....

    https://hotcopper.com.au/data/attachments/4744/4744847-8a7c2d846f5996c54d9e0a4dea3e06d2.jpg
    QXR Price at posting: 7.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last trade - 10.26am 20/06/2025 (20 minute delay) ?
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