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
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