QBE is looking good !! daily chart is a bit overbought again and can be a reason as to why some people are selling into the strength but weekly chart looks intact still.
My original target of 10.75 to 10.95 stay and will start closing my position and taking my profit at that time.
It can move a little lower again before going much higher but it looks good, I am not a technical trader but understanding of the chart gives me a feel of what other traders are doing.
Management issue or what company do is of little interest to me, as I only look at opportunity to make money, anyone who bought in way under 10 a few weeks ago are already winning.
QBE Price at posting:
$10.46 Sentiment: Buy Disclosure: Held
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