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Microcap & Penny Stocks : Ameriquest AMQT (formerly AQS)

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To: Arthur Tang who wrote ()12/29/1999 4:41:00 PM
From: Arthur Tang  Read Replies (1) of 484
 
Technical analysis of AMQT.ob, is overbought after 2.4 million shares were traded. Breakdown happened immediately. However, today, breakout happened. Which may mean that trend will be a flattened curve, until accumulation is complete.
This trend may change pending story or more investors coming in to take advantage of the cheap price for a turn around company which is still struggling.
AMQT.ob has been trying out their program of growth, through solution sales instead of just peddling hardware. Market makers should be moving the spread of bid and ask.
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