QFE selling done and breakout 27c. Looking towards 35c test.$QFE Quickfee Ltd looks like selling is done. Directors added at 34c. Turn around this week bottomed at 24c. MC $55M. #fintech $qfe.ax
QFE trade ideas
QFE still in a downtrend, the light will come later this yearQFE has been my only loss so far but I still believe we will see this baby changing in trend by the end of this year. Revenue in the US is going up so hopefully, people will buyback.
QFE Daily S/R| Swing High| Price Action| Volume Influx Evening Traders,
Today’s analysis – QFE- Trading above its Daily S/R where a back test is probable,
Points to consider,
- Price Action Impulsive
- Daily S/R Support
- Local S/R Resistance
- .382 Fibonacci
- Oscillators Neutral
- Strong Volume Influx
QFE’s immediate price action is impulsive, trading at key trade location that has technical confluence with the Daily S/R and the .382 Fibonacci, this allows for a bullish bias.
The immediate objective is the Local S/R, exceeding this level will increase the probability of a trend continuation.
Both oscillators are trading neutral, maintaining there respective bullish control zones will indicate strength in the market.
There has been a strong volume influx, bull volume follow through is highly important for continuation.
Overall, in my opinion, QFE is a valid long with defined risk, price action is to be used up [on discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“If you can learn to create a state of mind that is not affected by the market’s behaviour, the struggle will cease to exist.” – Mark Douglas
QFE | Potential completion of daily flat patternhey traders,
looking at QFE to have completed a running flat. Suggesting the start of the upside beginning now/very soon
trade safe
M I C
QFE | 4hr trend continuation hey traders,
looking QFE as a potential running flat that is almost/if not already complete. longs to break the previous top IMO are a good idea.
regards,
MIC
trade safe
QFE Simple Daily ChartFirst time working with profit/loss targets in Tradingview but here's a simple daily chart.
Will be interesting to see what side we come out of this triangle!
Afterpay for Lawyers?Pay later providers are way too expensive however Quickfee Limited seems like the same thing for lawyers and law firms.
Potential trend break up.
QFE.ASX wait for sell off before entryRSI 75
MACD shows uptrend
Divergence indicator 75
Entry @0.39, if support breaks then @0.34
