ENTRY: 3.32 SL: 3.17 TP: 3.46 - 3.50 - ADX>20 - RSI>50,RSI<70 - Daily RS +ve - Daily FFI +ve - Daily MACD -ve - Weekly RS +ve - Weekly FFI +ve - Weekly MACD +ve - Retraced to 38.2% fib level and HVN. Holding well and rebounded today with good volume in current weak market condition.
Wkly: FFI + RS> 0 MACD Bullish Stoch D% & K% > 70 RSI > 60 Daily: FFI + RS > 0 MACD Bullish Stoch D% + K% > 70 RSI > 65 Price action shows strength on uptrend after breakup on 8 Sep 21 Entry: $3.36 SL: $3.20 TP: $3.65
QUB Technical Analysis; price and volume breakout Share prices have broken through the resistance trend line from a significant drop from $3.25 with a massive volume after weeks of consolidation. We could be looking at some great moves to the upside if it remains above the $3.00 mark. $2.90 is an area I would consider the last line of defence.