Technical Summary: Asides from a dividend QBE has done little to reward holders of the stock over the last 5 years. The stock has been trading within a range of just over $9 per share to a high or $17. From a technical perspective there is little here in terms of a trend for buy and hold investors. We have discussed in the past however that the stock is interesting from a shorter term mean reversion perspective. The stock has previously found support at below $10 per share. We expect that yield investors are prepared to jump in and buy the stock when it gets to these levels. The stock provided such an opportunity in October 2017 before quickly reverting to above $11 per share. True to form the stock provided another chance for alert traders in recent sessions. Briefly touching $10 per share before rocketing back to $11. Short term traders can take losses if the stock decides to stay below $10. Profits can either be taken here or the stock can be held in search for greater returns.