QBE falling to value areathe last run up to 16 seems to have failed and looking to see it fall back to 12.. I might try buy in around this level down to 10 looks pretty cheap.
QBE trade ideas
QBE Adjusted Entry/ Stop PlacementStop violated before entry so adjusting trade positioning
If stop loss violated before entry/ break above last bullish candle then trade invalidated...
QBE ASX Stock possible daily breakout into 2013 gap level Full disclosure I own this stock and been a long term investor for years, as per previous posts
Noticed there may be a short term breakout unfolding now with a target that coincides with a 2013 gap close level
Not going to buy it personally as I have 3 lots in this already but thought I would point it out
This may offer close to a 4:1 R:R ratio
QBE Weekly Divergence possible bollinger band reversalQBE weekly divergence
Its important to maintain some level of impartiality when looking at charts... i.e. what's happening right now
I've held this as a long term position play but it looks like there are some crack appearing which may signal a few months of consolidation
Typically divergence leads to the price coming back to at least the 50ma area
While I'm not going to trade this as I'm long and I do not short stocks, I thought it was interesting
QBE Weekly breakoutQBE, no idea why this is breaking out now but it's a clear bullish breakout
Hopefully triggers a trend in the next 6months
QBE: Analysis: Two situationsOn QBE we have two situations. After the breakout with force the resistance line by a big green candle with a large green volume it's mean that we will have a big probability to have an uptrend.But, in other hand we will have a downtrend if only if we have the breakout with force the vwap indicator and the support line by a big red candle with a large red volume.Thanks!
AnalysisAs you see on the chart we will have a big probability of an uptrend after the breakout with force the resistance line by a big green candle with a large green volume so at the next green candle we can buy. In other hand, we could have also a big probability of a downtrend if we have the breakout with force the support line and the vwap indicator by a big red candle with a large red volume so at the next red candle we can sell. Thanks.!
QBE Breakout to $15After a long period of consolidation, QBE looks set to breakout of this range.
Measured target $15 ( 2020 highs)
QBE Daily Chart - Triple 3 relatively rare corrective patternPlanning to scale in now into my long term position trade on QBE
1 year corrective pattern is now complete and earning release is on the 11th August which could be a catalyst
My first buy was around $8.00, so looking to add to a winner with a complex elliot wave pattern now complete
I'm not an elliott guy - so go gentle ellioticians, but i think the structure is pretty clear that this sideways move is now near completion
Given that the monthly chart is retesting a super long term triangle breakout I have more confidence that this is near the start of a trend
Learnt this a long time ago and glad it stuck!
QBE Insurance ASX Monthly Chart - breakout and retest completeMonthly QBE breakout and retest
Has long term false break to downside which ran into demand level
On the lower timeframe it is setting up an interesting pattern that is not very common
Will explain on LTF chart
Update: QBE Insurance, Strong 3-Month Advance +25%In the 3 months since, Australia's QBE Insurance higher by 25% to A$12.58 . First gap closed. In the ultra short term, may see retracement before making another attempt to advance.
Original idea attached.
QBE descending channel.QBE displaying a nicely defined downward trend channel. Usually actively traded stonks of large outstanding issue display these characteristics which is the case with QBE.
A have entry orders placed at $9.65, which will indicate a breakout from the descending channel with stop loss orders at $9.00. If the breakout does not eventuate we might see a continuation of the downward trend lines.
Go easy on me, I am still learning TA. If you have any comments or things I missed, pleased let me know.
QBE - Golden Cross -Breakout of Symmetrical Triangle
-50 EMA crossing above 200 EMA
-MACD indicating reversal to the upside.
Medium term price target $14~
Not Financial Advice, just a dude that likes drawing lines :P
Trade Idea: QBE Insurance - Market: Australia (ASX)
- Post-Market Price: A$10.04
- Time Frame: Medium Term
- QBE is a general insurance and reinsurance company. Across their operations, it offers commercial, personal and specialty products and risk management solutions to it's customers.
- The group is listed on the Australian Securities Exchange (ASX) and headquartered in Sydney, employing more than 11,700 people in over 27 countries.
- QBE Insurance continues to trade within it's 14-month 'covid base' however we are starting to break the multi-month channel & regain the 200-day SMA. Can it catch up to it's US peers Metlife & AIG which have outperformed since early November?
- For medium term trend traders, the current trading levels offer a buying opportunity in anticipation of the commencement of a trend.
- We also note the upside gaps of A$12.17 and A$14.07.
- Trading Levels:
-Buy Between A$9.85 and $10.05
- Stop-loss: $9.28
- Target Range: A$11.90 to A$12.70, with potential to close both gaps over the medium to long term.
- To trade, contact the trading desk (We are not allowed to post it here so DM me for the trading desk contact details).
The Anty signal - with technical bear signsThe ANty signal- from StreetSmarts '
Also technically;
1. A double top;
2. a double drive up corrective termination
3. The Anty shows a mdified Stochastic function with oversold fast line, and slow line sloping downwards taking advantage of some wave swing up & down...
4. holding time 2-4 days only for swing trade down...
Short QBE ( ASX) - Turtle soup strategy
Note : This is combined with a long hedge position on RMD Buy similar position size as holding overnight;
See next notes on RMD 'turtle soup plus one" strategy
see 'Short WPL 'trade for actual strategy description posted today
QBE Double BottomWhen price closes above neck line will have a confirmed double bottom pattern
Target based on rules of double bottom
QBE Insurance Group Limited - QBE - Trade IdeaA bit late entry level but breakout is confirmed. RR opportunity is decent for this long term trade
www.tradingvew.com
$QBE - QBE INSURANCE - Recovering nicely $QBE - QBE INSURANCE - Recovering nicely
New 52 week closing high shows good signs of continued recovery. On the lower 15 minute time scale I can see good support has formed above $12.50 - BUT - there is now a big gap between the bids and the asks which needs to close. There are more sellers than buyers in the queue so good chance that $12.50 support wont survive and a retrace may occur - which may give a better entry opportunity. One to sit out and watch for now.
