QES VCP Development

تم تحديثه
QES volatility contraction pattern has developed ~4 months since it previous peak with 4 contraction below:

C1: ~39%
C2: ~16%
C3: ~12%
C4: ~5%

The last 3 trading day shown strong support together with volume around 0.315.
QES will further attack once it break 0.325.

With 0.295 as final support, the risk ~6.5%.
In term of fundamental wise, 5 recent quarter shown profit. Not like other penny stock that rise without fundamental support.

Disclaimer: This analysis is just a sharing on volatility contraction pattern and not a buy call sharing. Trade with own risk.
ملاحظة
Shooting star today. Continue observed if what will be the movement.
ملاحظة
Volume extremely low compare to yesterday volume. Be patient guys. Good things take time.
ملاحظة
Wow... Breakout..
Chart PatternsTrend AnalysisVCP

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