AQD 0.00% 1.1¢ ausquest limited

AQD Investment Case, page-26

  1. 87 Posts.
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    Ask and you shall receive...

    "A bit of volume and a convincing move above 2.5, combined with the great FA outlined above could see a re-rate on"

    Fairly textbook so far...

    √ 20% move up
    √ Convincing move through 2.5c resistance
    √ 2-3 times average daily volume (and rising)
    √ Close on the daily high

    Next target, 52 week high at 3c and holding these levels (>2.5c...might need a re-test to confirm support) for the week close. Sets us up for an imminent golden cross on the weekly at 2x average weekly volume. Very bullish T/A paired with a strong underlying story and a business-like management team starting to get the message out (e.g. RIU conference)

    Still good value, but train looks like it wants to leave the station.

    DYOR, GLTAH

    Last edited by Bismarck: 09/05/18
 
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