QES - We can see red chip started to react these few days as QR yet to be announce. So is clear that price had been factor in before the release which i assume will be continue once global rally start to move. A strong support being form at 0.4 area along with a double bottom pattern. 0.49 can be an immediate support & movement will retest 0.59 towards 0.66 area.
Technical analysis for QES Stock based on Trend Analysis, Chart Pattern and VPA 1) In Monthly TF - Overall trend still maintaining the long term UTL. - Current price candle trend from JULY-OCT 21 had retracement with price move lower accompany by decreasing volume indicates anomalies-price move lower without MM participation. Possibility this is a temporary...
QES Rst: 0.89 Spp: 0.835 May face continued pressure albeit reaching important support at Fibo Ext 161.8%, as MACD just casted 2nd wave of bearish crossover.
QES Theme: Tech Rst: 0.89 Spp: 0.80 Facing major block at Fibo Ext 261.8%, and recap again the stock still yet be able to neutralise RSI triple bearish divergence effect, risk of pulling back is there.
QES breakout and currently at an 52 week high. Formed a rounding bottom foundation. Monitor retracement after break ATH . Green Candle = Breakout Candle Red cross = possible entry point Orange dotted line = 52 week high
Short term traders can continue to ride on its continuous upward momentum movement on next trading day as confirmed by FIFT and ExpertSignal indicators. Banker chips at near 80%. Perfect rounding bottom breakout will happen soon if it manages to stay above 590 for coming weeks. Support at 545 and another candle is needed to see if 590 will be new resistance turn...
Broke descending triangle upper line on 23th March. Then went into rectangle channel which broke out/closed above 0.55 and as at 16th April it closed above 0.575 huge resistance line. Next resistance foresee at 0.66 which is around all-time-high. R1: 0.62 R2: 0.66 S1: 0.575 S2: 0.545
Breaking out from downtrend line resistance but closed slightly just below 545 at 540. Need another candle for confirmation to see if 545 would become resistance turn support. Next resistance to break at 590. Disclaimer: Trade at your own risk.
Nice broke out from Descending Triangle. S: 0.47 R: 0.575 Mid-Long Term 1:0.66 Mid-Long Term 2: 0.87
QES Theme: Tech Rst: 0.485 Spp: 0.46 Doji candlestick, still hovering around Fibo Ext 100%, seeking chance to breakout from this critical level as well falling wedge formation, to cast technical rebound.
Next few days will be critical to see if there is bullish reversal for this counter by breaking out from the trend line resistance. 455~470 zone is now forming a strong support. Closing above 545 will be a good confirmation for reversal. Disclaimer: Trade at your own risk.
Stock monitor for a breakout if it can, or else it'll be a downtrend continuation.
There is possibility QES will further retrace to near 535 area, the next strong support after it closed within the current strong support zone between 600 and 560 with the slowing momentum. The best entry price will be between 535 and 540 to take advantage of possibility the price will be pushed up just before QR for the coming week. Disclaimer: Trade at your own risk.
QES ~ very BULL 3 days confirmed stand above uptrend channel (very bullish) Yesterday test previous resistance 0.35. Resistance turned into the support area. Can set main support at 0.35. Today breakout neckline resistance. FA - Healthy Valuation - not yet too overvalue compare to other technology stock Unisem suppliers - Recently be awarded a lot of order from...
QES might be looking at attempting to break its immediate down trend line. Strong resistance at 0.325/0.340 If it moves towards 0.370 and breaks past, it might be forming a complete cup and handle.
Price action shows formation of ascending triangle and its attempting to complete a Higher Low inside the pattern. Volume is reducing in the pullback - good sign. We expect the price to continue down before a reversal. We can wait at 38.2% Fibo (and confirm with reversal chart pattern) for long entry. Speed: Fast with 258M shares float (31% of 834M shares) TAYOR