Using 1W time scale, we can see long term support/resistance levels, if your read the text in the top right of the image, you will see which colors/lines correlate to which support/resistance level.
I'm not going to run through the COVID-19 drop, because you can clearly see the resistance at the green line, which became support, then again at the blue line,...
ENTRY: 3.06
TP1: 3.21
TP2: 3.49
SL: 2.88
- ADX<25. Would like to be higher.
- RSI>50. Just went above which gives additional signal of Change of Character (COC).
- RS -ve but point up
- FFI +ve
- MACD daily +ve
- Possible hidden buying on 9 Mar 2021
- COC today above 10MA
- Breakout from down-trendline with good volume today
CQE - Charter Hall Education Trust. The shares price closed seven weeks high.
The prediction share price target 14.12 per cent to $3.88.
Business Summary
Charter Hall Education Trust (CQE, formerly Folkestone Education Trust) is a listed real estate investment trust (A-REIT) that primarily invests in early learning properties within Australia and New Zealand....
