Q&M Dental - 07 Jan 2026

• Stock: Q & M Dental Group Ltd (QC7, SGX)

• Timeframe: Daily

• Date Range: ~May 2025 → 7 Jan 2026

• Bars: ~170 trading days

• Last Traded Price: ~0.525

• Recent High / Low: 0.560 / 0.480

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1. Market Regime Classification (Lead)

Primary regime: Uptrend → Late-stage trend / early transition

• Structure still bullish (HH/HL intact)

• Momentum decelerating near prior highs

• Increasing risk of range expansion or distribution if follow-through fails

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2. Market Structure & Order Flow

Swing Structure

• Higher Lows (HLs):

  • ~0.390 → ~0.440 → ~0.480

• Higher Highs (HHs):

  • ~0.455 → ~0.505 → ~0.560

➡ Bullish market structure remains intact

Key Structural Events

• BOS (Bullish):

  • Clean break above 0.455 (July) with follow-through to 0.505

• Continuation BOS:

  • Break above 0.505 (Nov) → displacement to 0.550–0.560

• No confirmed CHoCH yet

  • Latest pullback holds above prior HL (~0.480–0.500 zone)

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3. Volume–Price Relationship (VPR)

High-Quality Signals

• Aug–Sep rally (0.39 → 0.50):

  • Expanding volume + wide-range up bars → professional participation

• Pullbacks:

  • Volume contracts, ranges compress → healthy demand control

Cautionary Signals

• At 0.55–0.56 highs:

  • Volume not expanding meaningfully

  • Upper wicks + smaller real bodies → supply absorption / profit-taking

• Effort vs Result:

  • Increasing effort (volume) producing limited upside = distribution risk

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4. Institutional Footprints & Smart Money

• Accumulation Base:

  • ~0.38–0.40 (Aug)

  • High volume, narrow ranges → strong absorption

• Order Block (Demand):

  • ~0.48–0.50

  • Last bearish cluster before impulsive leg to 0.56

• Liquidity Grab (Minor):

  • Brief push above ~0.55 with rejection → stop-run, not acceptance

• FVG:

  • Inefficient zone ~0.46–0.48 (already respected on pullback)

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5. Bar-by-Bar Behavior (Recent Cluster)

• Near highs (~0.55–0.56):

  • Repeated upper-wick rejection bars

  • No decisive wide-range breakout close

• Last few sessions:

  • Small-range bars, mixed closes → indecision

  • Volume neutral → awaiting catalyst

➡ Classic pause at resistance, not yet breakdown.

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6. Psychological & Key Levels

Resistance

• 0.550–0.560:

  • Prior high + round-number psychology

  • Needs range expansion + volume to clear

Support

• 0.500–0.505:

  • Structural support + former breakout

• 0.480:

  • Last higher low (trend invalidation level)

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7. High-Conviction Observations (Top 5)

1. Structure remains bullish, no CHoCH yet

2. Momentum weakening near highs → late-trend behavior

3. Volume confirms accumulation on dips, not at highs

4. 0.50 zone is critical institutional demand area

5. Break above 0.56 must be decisive or risk mean reversion

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8. Risk-Adjusted Trade Framework (Technical Only)

Bullish Continuation Scenario

• Entry Zone: 0.50–0.505 (pullback into demand)

• Stop: Below 0.48 (structural HL)

• Targets:

  • T1: 0.56

  • T2: 0.60–0.62 (measured move)

• R:R: ~1:2.5 to 1:3

Failure / Transition Scenario

• Trigger: Daily close < 0.48 with volume

• Implication: CHoCH → range or distribution

• Downside Magnet: 0.44–0.45 prior structure

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9. Forward-Looking Bias & What to Watch

Bias: Cautiously bullish, conditional

• Bull case requires volume-backed acceptance above 0.56

• Otherwise expect range 0.50–0.56 with rising distribution risk

Key Tell:

• High volume + wide-range close above 0.56 = trend continuation

• High volume rejection at highs = institutional selling

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Bottom Line

This is a structurally sound uptrend entering a decision zone. Institutions are defending higher lows, but not aggressively bidding highs. Patience is required—let volume resolve direction before committing size.

Disclaimer:Please note that this analysis is for educational purposes only and should not be taken as investment advice. Trading involves significant risk, and you should consult with a financial advisor before making any decisions.

Dividend:   2.10%