QXR 0.00% 0.6¢ qx resources limited

QXR chart, page-32

  1. 982 Posts.
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    It took over a month to close the last 'breakaway gap' at 3.3 cents (ha ha still makes me laugh, haven't heard a peep out of the poster who pushed the idea it would never close.)

    So it depends on how fast it runs up, how sustained the run up is in terms of days etc. that will likely determine the duration between top and close of a gap.

    What we have now is a case where, the previous gap (at 3.3 cents) which was perceived to be a 'breakaway gap' did get closed. That will be in the backs of traders minds. Then we have the recent 3.8 cents raising that both offers some support to prevent the current gap from closing, while putting the brakes on any sustained rise.

    Too the moon though right.? I'd like to think so eventually, that's why only my trading parcels were closed at 5.4 cents. My longer term holdings are safely tucked away.

    All the very best to all holders.

    TOWB
    Last edited by The One With Brains: 04/03/22
 
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