Q&M Dental: CFD SELL calls issued in the morning following up from yesterday's sell call

Now at 0.735, can the 0.700 support hold now? Congrats to those who already chose to take some profit on the sell down.  J

Sent: Tuesday, June 09, 2015 9:25 AM
Subject: ******* Q&M Dental: May see more weakness below 0.800 psychological support, price 0.78

Following up from yesterday call, we have indeed seen Q&M Dental break below the 0.80 psychological support level. Next support would be at 0.76 now and may start to consolidate above this support or maybe even stage a temp technical rebound from 0.76. However, as long as 0.80 is a resistance, there can still be more short term downside if the 0.75 – 0.76 support does not hold too. Target to 0.76 then 0.70 then. CFD sell can be used to ride any downside on a further psychological support breakdown. All 3 indicators are beginning to reverse downwards after the huge rally seen since March with more room to go

Sent: Monday, 8 June, 2015 12:25 PM
Subject: ******* Q&M Dental: May see more weakness below 0.800 psychological support, price 0.82

Q&M Dental has broken below the 0.85 support level that was holding for about 3 weeks and we may start to see some weakness in the short term from here. At current levels, it has crossed negatively below the 20 day MA line too for the first time since March with short term trend turning downwards. Range would be from 0.80 to 0.85 for now and as long as 0.85 holds as the support turned resistance now, we are short term bearish with more downside if 0.800 does not h old either. Target to 0.76 then 0.70 then. CFD sell can be used to ride any downside on a further psychological support breakdown. All 3 indicators are beginning to reverse downwards after the huge rally seen since March with more room to go if 0.80 support fails to hold.