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Microcap & Penny Stocks : Quantum Fuel Sys (NAS.GM: QTWW) -- Ignore unavailable to you. Want to Upgrade?

To: Rascal who wrote (3)	6/6/2007 10:21:24 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 271

Well, I might be able to call them, but I don't follow my own advice most of the time.. Got REAL Lazy and failed to sell the other day when it spiked up pre-market.. Maybe I need a teacher to slap a sliderule on my knuckles and make me write 500 times on the chalk board.. "Always sell some on an gap-up.. Always sell some on a gap-up"... Followed by "always buy back at support.. Always buy back at support".. So I missed out on a nice payday, and could have bought back the same position at the lows yesterday or today.. But nonetheless, I think the shares are getting ready to move some more, at least to $2.50/share (where the next major resistance level is), and that's all I'm asking for at this time, then I'll reassess the rally we're seeing in the Fuel Cell sector. Here's the latest charts: 60 min chart: bigcharts.marketwatch.com Daily: bigcharts.marketwatch.com Weekly: bigcharts.marketwatch.com I think we're going to retest $1.90 in the next couple of days. Keep in mind that about 8% of the stock is short at the moment. So once we get past 2.00, there should be some short covering as they lock in profits up to $2.50. But if we break above $2.50, then we'll see some REAL short covering. Hawk