QBE INSURANCE GROUP LIMITED
Long
Updated

QBE ASX Stock possible daily breakout into 2013 gap level

56
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
Note
Violated proposed stop loss before triggering buy stop, stop loss would default back to below the lows of the last 12 candles around $15.55

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.