[ Charts/QSNDF ] Hi Ray,
Did I get to thank you for providing me with those chart links? Thanks again. What's the verdict on the MACD? Its accuracy is uncanny IMO.
Also, take a look at QSNDF--what are your thoughts? I gauge this one from a weekly perspective, as it is a long term holding(4 year hold period). The turnaround is complete, and the company hit profitable waters this last week. Costs are down; R&D is up.
The sector is gaining strength(compare with SPAZ and SRSL). There's a flag from the weekly, and a White Hammer formed at support. The daily MACD has crossed up, the weekly RSI remains in buy territory. The fundamentals are being reflected in the TA--both gaining strength. I have a 4-year target of $15 from the fundamentals. QSNDF has a future stream of steady revenues locked in from an agreement to provide their products to the US's largest hearing aid manufacturer, Starkey. Aside from that, regular business operations are also improving.
For a better perspective of where this company is, take a look at BigCharts from a weekly perspective, and make sure to include all the existsing data. That's an extremely large base from $2-$5. A breakout would be tremendous. I have reason to believe that this next upswing in prices will take QSNDF past the $5 threshold. And once that happens, I'll be doing some of this:
marimba.com
Regards,
Rainier |
