6 replies to this topic

[hiker]

http://stockcharts.c...allery.html?QID

note the PnF chart in above link

Edited by hiker, 25 April 2007 - 11:00 AM.

[hiker]

fear of buying QID? Is fear of such going to be higher than the last half hour?

buy when others are selling...and sell when others are buying. Does that apply here right now?

see NDX pnf chart -

http://stockcharts.c...allery.html?ndx

Edited by hiker, 25 April 2007 - 11:19 AM.

[relax]

Based on the point and figure chart

QID should make a move up to 52-53

Before making the sell signal it just made, QID made a buy signal, which should provide a line of support from the bottom of the row after 1

This sell signal has penetrated the support line and the general rule is that a reversal must be made before lines (support or resistance) can be penetrated

http://stockcharts.c...allery.html?QID

note the PnF chart in above link

[hiker]

I am not touching QID until it at least makes a sustained move above the 20ma on the 1-minute QID chart...as a minimum criteria for going long QID.

Edited by hiker, 25 April 2007 - 11:30 AM.

[jmicou]

Qs next area of resistance is 46.12 to 46.19. Apple reports tonight. MSFT tomorrow. Heavy weights of the Qs.

[SemiBizz]

I took a small position in QID last nite at the close... closed it out this morning... two things here, one is the volume in QID, two is the volume in Nasdaq. Now Nasdaq also just made a new high in the lunch hour countertrend window and that usually means a new high is coming this afternoon... When this bus gets moving it should head southbound fast... but since April is a trending month you have to be darn sure the trend has changed...

[johnmc]

If ever there was a time for a sell off on the weekly Q's it would be now.

http://stockcharts.c...&...25148&r=358