Monday, April 6, 2015

Q&M Dental - A series of buy accumulate calls since January and a NEW HIGH SEEN today at 0.65

Still time to enter to ride the upside?

Sent: Wednesday, February 18, 2015 9:42 AM
Subject: *************** Potential breakout: Q&M Dental - Consolidation in progress above 0.515, price 0.525.
Following up from last month’s trading call, Q&M Dental has indeed broken above the 0.500 resistance convincingly and headed to a high of 0.545 over the past 2 weeks. Immediate support would be at 0.515 for now and 0.500 as the psychological support. 20 day MA line still sloping upwards firmly and uptrend intact as long as 0.500 – 0.515 holds as the new resistance turned support now. Can consider holding long positions above these levels, with stop loss at 0.485. Clearing above 0.545 – 0.55 resistance can pave the way to a new high at 0.60 first before some consolidation again.

Sent: Tuesday, January 20, 2015 9:40 AM
Subject: **************** Potential breakout: Q&M Dental - testing 0.500 resistance now...
Any convincing breakout above 0.500 would be a good sign as it has form a new high, has been consolidating below since May last year and finally some reactions seen. Watch list and can time entry on any breakout if it manages above 0.500 for a few days. Stop loss can be 0.485 on a breakout.

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