Sellers push price lower to trigger the Stop Loss level and close the alert

QFE has spiked lower to trigger the Stop Loss level at 0.49 so the alert is now closed.

Alert History

Previous Alert 16/09/19

QFE continues to push higher and has triggered the Buy Entry Level at 0.54 so the alert is now active. The Stop Loss is held at 0.49 and the current action is trading at 0.55.

Original Buy Entry Alert 16/09/19

New Buy Entry Alert QFE

Time Frame : Daily

Sector : Diversified Financials

Key Stats : $66.79 Million Market Cap, VWAP 0.515, ASX Ranking 914, 4 Week Av Turnover $827,643, Current Turnover (Intraday as at time of alert) $81,603.

Company Overview : QuickFee Limited (QFE) was incorporated for the primary purpose of completing the acquisitions of QuickFee AU and QuickFee US (together, the Acquisitions) and engaging in the business of offering the QuickFee Platform and lending to Clients and Firms in Australia and USA (QuickFee Business). The QuickFee Business has been validated through demonstration of demand for its products and services. QuickFee AU and QuickFee US have also shown an ability to acquire customers cost effectively.

Broker Consensus : Not covered by a major broker

QFE – Quickfee Limited

QFE is on the way up as buyers interest picks up as they gun for new highs. We are happy to buy on a push up through 0.54 with a Stop Loss at 0.49. If price falls below 0.49 prior to entry, we will cancel the alert and re-assess the action.

Stock Code : QFE – Quickfee Limited

Company Website : www.quickfee.com

Current Price : 0.53

New Buy Entry (Trigger Level) : 0.54

Potential Sell Exit Zone (Stop Loss/Cancel Level) : 0.49

Status : On watch for Buy Entry Trigger