dionvuletich

QBE ASX Stock possible daily breakout into 2013 gap level

Long
dionvuletich Updated   
ASX:QBE   QBE INSURANCE GROUP LIMITED
Full disclosure I own this stock and been a long term investor for years, as per previous posts

Noticed there may be a short term breakout unfolding now with a target that coincides with a 2013 gap close level
Not going to buy it personally as I have 3 lots in this already but thought I would point it out

This may offer close to a 4:1 R:R ratio
Comment:
Violated proposed stop loss before triggering buy stop, stop loss would default back to below the lows of the last 12 candles around $15.55
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