Potential outside week and bearish potential for CQEEntry conditions:
(i) lower share price for ASX:CQE below the level of the potential outside week noted on 4th/5th December (i.e.: below the level of $3.01).
Stop loss for the trade would be:
(i) above the high of the outside week on 3rd December (i.e.: above $3.18), should the trade activate.
CQE
Bullish potential detected for CQEEntry conditions:
(i) trade continuation in the upwards direction for ASX:CQE confirmed with swing up of indicators such as DMI/RSI (i.e.: continuation of bounce off VWAP and 50 day MA).
Stop loss for the trade would be:
(i) below the long term support/resistance line from 12th December 2022 (i.e.: below $3.26).
CQE.ASX_COC Trade_LongENTRY: 3.06
TP1: 3.21
TP2: 3.49
SL: 2.88
- ADX<25. Would like to be higher.
- RSI>50. Just went above which gives additional signal of Change of Character (COC).
- RS -ve but point up
- FFI +ve
- MACD daily +ve
- Possible hidden buying on 9 Mar 2021
- COC today above 10MA
- Breakout from down-trendline with good volume today



