QGC queensland gas company limited

volume improving - eye on it!

  1. 1,279 Posts.
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    QGC is poised to break its short term downtrend from its February top until now!

    Volume is increasing around the 40c mark which should signal some sort of base - hopefully! 39.5c represented a neat 78.1% retrace for thew last move so you would expect this to hold!?

    As at todays price, needs to push through 42.5c to indicate a short term break north!

    If not, may drift on down to the 36c mark - but that would be pushing it! But then again......capping at 41c!

    MACD and RSI both looking to punch upwards supporting the price.

    Happy trading.
 
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