QBL queensland bauxite limited

Pump and Dump ?, page-2

  1. 13,392 Posts.
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    but the stock is not so far away from support this time
    until you can understand the principals and concepts of support and resistance (and moving averages) you will have 2 arms tied behind your back in the market

    traders sold those spikes as the risk was obviously to the downside being so far away from support levels
    now it has tested it successfully and bounced and broken the 50 day ma (above) so the risk is now to the upside for the ST

    there is some minor weekly /support resistance at 5.3 and 4.9 and a fib retrace target of 6.5

    and no I'm not trading it just trying to help
    Last edited by kates9999: 19/04/18
 
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