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Microcap & Penny Stocks : QuesTec.com (QSTI) -- Ignore unavailable to you. Want to Upgrade?


To: Bruce Cullen who wrote (2256)1/27/2000 3:20:00 PM
From: Charles Kalb  Read Replies (1) | Respond to of 2393
 
Some TA on QSTI:

No need for panic sells here people. QSTI has been in a well-controlled uptrend since around Christmas. Fairly steep Standard Error channels since then show price trading sideways within the channel until the right (bottom) wall is approached then a jump up to the left (top) wall. High of 1.06 reached today is just above the old resistance point of the 1.02 peak reached on 4/12/99. Amazing how TA has a "memory" for these support and resistance points. We might even trade sideways to slightly down for a couple days here but IMO it looks like once we break decidedly through 1.02 we could have a very strong run because I see no overhead resistance on the chart.

Charles