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


To: Jeff Jordan who wrote (46)5/21/2008 10:21:52 AM
From: Hawkmoon  Respond to of 271
 
I'm hoping that previous 52 week high at 2.30 (last summer) now becomes support and consolidation price..

As we all know, stocks that make a new 52 week high tend to keep making them until they meet major resistance.. That would seem to be at $3/share atm.

But that resistance may not prove as difficult as we might expect since that support range was broken 2 years ago and it's likely most owners at that time sold for a tax loss and went elsewhere.

The question is whether they will come back, now that the price has move back up there?

Hawk



To: Jeff Jordan who wrote (46)5/21/2008 11:35:47 AM
From: Hawkmoon  Respond to of 271
 
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