QBE Weekly Divergence possible bollinger band reversal
QBE weekly divergence
Its important to maintain some level of impartiality when looking at charts... i.e. what's happening right now
I've held this as a long term position play but it looks like there are some crack appearing which may signal a few months of consolidation
Typically divergence leads to the price coming back to at least the 50ma area
While I'm not going to trade this as I'm long and I do not short stocks, I thought it was interesting
Its important to maintain some level of impartiality when looking at charts... i.e. what's happening right now
I've held this as a long term position play but it looks like there are some crack appearing which may signal a few months of consolidation
Typically divergence leads to the price coming back to at least the 50ma area
While I'm not going to trade this as I'm long and I do not short stocks, I thought it was interesting
