QMN queensland mining corporation limited

reversal timing

  1. 2,954 Posts.
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    Can we get some focus on the reversal because when it comes it's buy time.

    There are many ways to look for reversal ie close and retest above 50sma, divergence in stochastic relative to price, various candle patterns with confirmation, break and close above descending trendline with confirmation of higher lows etc....

    However we see it, lets see if we can call it for the crew.

    I note the weekly showing declining volume which indicates the selling pressure is easing.

    I'll throw a chart up later but if the techies could chime in that might help us nail a trade.
 
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