Bullish potential detected for QUB

1月4日

Entry conditions:
(i) breach of the upper confines of the Darvas box formation for QUB
- i.e.: above high of $4.04 of 28th November (most conservative entry), or
(ii) swing up of indicators such as DMI/RSI along with a test of prior level of $4.00 from 25th November.

Stop loss for the trade (based upon the Darvas box formation) would be:
(i) below the support level from the low of 13th December (i.e.: below $3.80).

1月4日

交易進行

UPDATE (week ending 03-Jan): Trade activated 3rd January, albeit on low volume at the beginning of the trading year. Share price closed above both 10 and 30 day MA's at the end of the trading week.

1月11日

註釋

UPDATE (week ending 10-Jan): Newer highs formed during the week, with suggestion to raise stop to $3.85 ($0.06 above one tick beneath Darvas box formation). Conservative stop would be $3.84 since former swing low of $3.85 was formed on 20th December.

1月18日

註釋

UPDATE (week ending 17-Jan): Newer highs formed during the week, with suggestion to raise stop to $3.86 ($0.07 above one tick beneath Darvas box formation). Conservative stop would be $3.84 since former swing low of $3.85 was formed on 20th December.

1月25日

註釋

UPDATE (week ending 24-Jan): Newer highs formed during the week, with suggestion to raise stop to $3.91 ($0.12 above one tick beneath Darvas box formation). Conservative stop would be $3.89 since this aligns to a point beneath prior resistance (now support) of $3.91 from the open of 18th November, which was consolidated by the open of 23rd December.

2月2日

註釋

UPDATE (week ending 31-Jan): Newer highs formed during the week, with suggestion to raise stop to $3.94 ($0.15 above one tick beneath Darvas box formation). Conservative stop would be $3.93 since this aligns to a point beneath prior resistance (now support) of $3.94 from the open of 13th/14th January, which coincides with the bounce off the 30 day MA at the time. Trade now upgraded to a 'further bullish potential' trade.

2月8日

註釋

UPDATE (week ending 07-Feb): No newer high formed during this trading week, however it was interesting to note that the 10 and 30 day MA's were successfully tested during the trading week before the share price ended the trading week closing above both 10 and 30 day MA's. Do note that half yearly results will be released for QUB on 20th February, so be mindful of positions prior to this date if risk averse.

2月15日

註釋

UPDATE (week ending 14-Feb): No newer high formed during this trading week either, with the share price closing at the 10 day MA. As mentioned last week, do note that half yearly results will be released for QUB on 20th February, so be mindful of positions prior to this date if risk averse.

2月22日

註釋

UPDATE (week ending 21-Feb): For those traders/investors who stuck it out through the half yearly results this week, it was a wild ride on the release of those results, but it appears as though the ride is worth it. Newer highs formed during the week, with suggestion to raise stop to $4.03 ($0.24 above one tick beneath Darvas box formation).

3月2日

交易結束：達到停損點

UPDATE (week ending 28-Feb): How things can turn on a dime... what a frustrating week for QUB holders who held through earnings to have the momentum drain away and the share price just melt away through the protective stop at the end of the trading week... At least it only ended up being a scratch at the end of the day.