QPM's debt financing is making progress. An important milestone was reached with a German supplier collaboration agreement as well as German Funding support. German companies Plinke GmbH and Andritz Separation GmbH & Siemens LTD have agreed with supplying a significant proportion of capital equipment required for the TECH PROJECT. Germany's Export Credit agency...
Approaching 50 SMA, once it touches 200 SMA it should fill the gap IMO
Text me if you have any questions/comments for me. ----- QPM - Previous analysis was done on 15 Oct (red arrow) - Suggested entry at current levels if comfortable with the setup and the stock’s price volatility - Since then, the stock created a LH and quickly fell back below the mid-term support - Short-term average no longer offers a strong support -> not a...
Text me if you have any questions/comments for me. ----- QPM - Previous analysis was done on 1 Sep - Suggested waiting for successful breakout of overhead resistance before plotting entry on condition of being comfortable with stock’s price volatility - After successful breakout, the stock has gone up more than 20% - Stock continues to respect the short-term...
This stock has been in a strong uptrend from the 9/10/20 forming darvas boxes along the way. Even on the red days hasn't broken support of $0.225.
QPM - First time doing a written analysis on QPM - Stock started to show uptrend in 2021 - Currently trading near a resistance that was formed in 2012 -> it would be more difficult to sustain the overall price trajectory - I usually classify stocks less than 50 cents as a penny stock as a relatively healthy pullback to the short-term support could see price swings...
$QPM.asx - Daily, Price is showing uptrend strength, looks good to test recent highs IMO Took a position, let's see...GL! Please ALWAYS DYOR First!
QPM needs to test Cap Raise for solid support. Furthermore, share purchase plan could lead to more sellers taking quick profit. Needs to play out and churn
Sector sentiment remains strong. Churning before a move higher well above 10c.
I think we may see a retrace to support level of 0.054c before next leg up.