Here is my Take on QBE,
Looks ok for a long to me on the daily, Supported well on the 195 EMA (really should have been paying attention or had an alert for that one!!)
Held the trendline and looks like it was a level of some support where it bounced. I would be happy going long on it at least to fill the gap if you want a scalp but more than likely it will try at the $24 which is just above the 41EMA.![]()
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- weekend charting 22/01/10
weekend charting 22/01/10, page-12
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