Bullish potential detected for QUB

20 lug

Entry conditions:
(i) higher share price for QUB along with swing up of indicators such as DMI/RSI.

Depending on risk tolerance, the stop loss for the trade would be:
(i) a close below the bottom of the formed channel (i.e.: below $4.20), or
(ii) below previous support of $4.11 from the open of 9th May, or
(iii) below the rising 150 day moving average (currently $4.07).

26 lug

Trade attivo

UPDATE (week ending 25-Jul): Trade activated on both 18th and 21st July, with share price closing right on the rising 10 day MA at the end of the trading week after testing the 30 day MA at the end of the trading week.

2 ago

Nota

UPDATE (week ending 01-Aug): The share price for QUB closed between the 10 and 30 day MA's at the end of the trading week. A sentiment change may be occurring in relation to this stock, considering the turn in DMI and RSI indicators - caution needs to be heeded.

9 ago

Nota

UPDATE (week ending 08-Aug): Despite the potential sentiment change noted last week, the share price for QUB closed above the 10 and 30 day MA's at the end of the trading week and there was no detrimental decline in share price noted. Keep an eye on the share price still, but give this another week with earnings on the horizon scheduled for 21st August.

17 ago

Trade chiuso manualmente

UPDATE (week ending 15-Aug): Share price has drifted nicely sideways and slightly to the upside over the past trading week. With earnings scheduled on Thursday of this upcoming week, it is suggested by the charts to close out this trade for a slight profit for anyone still remaining in this trade since (as we all know) earnings are essentially a 'coin flip' and can be either amazing for the share price, or absolutely appalling - risk management is key for your capital. Be grateful to the market for the profit and move on the next trade.