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.
QES VCP Development
2020-12-05 15:30 | Report Abuse
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.