Q&M Dental / 11 August 2015

11 August 2015

Q&M Dental (QC7)

Market being weak, funds outflow from Asia. Lookout for opportunity to enter some of the more resilient stocks
Stochastic signals in the oversold region
Counter continues to trend down for the 8th day

Good entry around $0.71 – $0.74 region
Good support at $0.71 (See green arrows)
If breakout above $0.79 (50 dma), next resistance will be around $0.82 (20dma)

Trading range: $0.71 – $0.89
Time frame: 2 – 3 months

Q&M Dental

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