Q&M Dental Stock Code QC7.SGX

Outlook

Price, after reaching a high at $0.390 on 6 February 2023, went into a correction. The correction was supported by the Conversion line above the cloud, keeping the bullish price trend intact. Base line is also likely to provide another layer of support. Conversion line and Base line remain in a bullish crossover and is hinting at a bullish price trend ahead. Lagging Span is above price of 26 days ago and above the cloud, confirming the bullish price trend. MACD is hinting at a bullish price trend. If price is able to stay above the Base line, it could be heading towards the previous resistance high at $0.390 in the next 2-3 weeks.

Strategy                  

$0.355                Buy

$0.390                Price Target

$0.335                Risk Management Stop

3 weeks              Trade Duration

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