
It is not the time to buy this counter for all the indicators are showing weakness ahead . The short term support is at 47.5 cents , breaking which may reach a downside target of 44 cents , n going down further is quite possible .
EoinkEoink ( Date: 30-Mar-2010 22:53) Posted:
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Is it a good time to buy Q&M Dental now? Any idea what is the fair value for this share? Is over sold or over bought?
Bintang ( Date: 12-Mar-2010 10:54) Posted:
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After the strong rebounce from 47.5 cents to 58 cents this week , Q&M Dental has completed its technical rebounce by the week . If the closing today at 53.5 cents , it may form a weekly shooting star which shows a very bearish trend in the coming week . The share price has moved into its Bollinger band when it closed at 54.5 cents yeaterday . Short term support is at 53 cents , n strong resistance is at 58 cents .
Bintang ( Date: 08-Mar-2010 12:57) Posted:
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gOOd TiME tO cOnvert 1 Q&M tO 4 HealthWay Medical WHiCH iS fOrming iTS WAVE HEAD.
Refer DRsubaru's Analysis at HealthWay Medical fOrum nOw.
Q&M Dental is now at the 50% Fibo 's zone , while the volume traded is much lesser than previous , the uptrend looks fragile . If the share would retreat n back into its Bollinger band at 54 cents , this technical rebounce may end .
risktaker ( Date: 06-Mar-2010 14:29) Posted:
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this stock so nice :P let alot of people huat
renzokun ( Date: 06-Mar-2010 13:17) Posted:
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seems lk tis fella jz finis profit take, now going for another round bt price run up liaoz..not followg...
Boring business ..... dun like.
Interesting happening today
Will get more info on Q&M
Not vested at the moment but worth looking at from trading point of view
Don't see much growth potential for this type of stock.
francisd ( Date: 05-Mar-2010 15:59) Posted:
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Query on Trading Activity.
looks like bbs are coming to play QM. They like sub-dollar counter to churn and attract small individual who are easier to manipulate than.
Now support is at 52.5 cents , with the huge volume done today , its trend has changed from sideway to uptrend , the DIs have just crossed , the ADX is turning up fron 22 which is showing a strong uptrend ahead , the RSI has also turned up positively , the Stochastic oscillator is also turning up from the bottom . Almost all indicators are showing signs of uptrend today .
susan66 ( Date: 05-Mar-2010 12:23) Posted:
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sO yOu knOw hOw tO read TenKan DeZhi type?
why nOt dO iT fOr Health Medical?
drsubaru ( Date: 20-Feb-2010 10:36) Posted:
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If can break 0.525 may have more upside, hope for the best!
Q&M Dental has tested the support at 48 cents 6 times with very light volume . This is only about the 38% level of Fibo 's theory , so it was so strong that refused to go further down to 45 cents at 50% level . Today it rebounded strongly with heavy volume to 52 cents to make the key reversal , some resistance at 52.5 cents could be expected .
Bintang ( Date: 19-Feb-2010 20:42) Posted:
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I just quote this to test out the font.. hopefully it is the same as usual
Bintang ( Date: 19-Feb-2010 20:42) Posted:
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OOps sorry guys, how come the fonts came out so big?
Want to make the fonts smaller
Also had been having problem PM pple, wonder if it is because I am using google chrome as the browser
http://i240.photobucket.com/albums/ff80/drsubaru73/2010Feb-QMDENTALGROUPSLIMITED-800x6.png
What appears bearish
1. The price action going into Kumo which means trendless, best not to trade
2. The Tenkan has already made a bearish crossover with Kijun and seems to be diverging further...another bearish trend
3. The chikou spans seems to be going lower and lower and has pierced below the price action, again bearish signal
4. Both the short term and medium term 9D and 26D support is below price action...haizzz
Short to medium term, I will not touch this counter...
Dental health is still not a fad yet.....needs lotsa of marketing in SG and their sexy story in China is still just a story...Chin Siau has gone to Shanghai and Suzhou etc to recee but let's see what is the final outcome
What I like about Q&M is Chin Siau is a shrewd businessman and a good boss to his dentist fraternity, treats them really well and can pull in more dentists and let's see how 2G Capital's Tommie Goh can add value
I am still very very new to TA, so the ichimoku TA is from newbie point of view hor pple :)
In term of TA , Q&M Dental has also pulled back in line with the market correction . But it tested the strong support at 48 cents twice with low volume , if it would go further down for a severe correction , it may go down to 45 cents which is still a healthy Fibo's 50 % retracement .
drsubaru ( Date: 19-Feb-2010 19:36) Posted:
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