QS rising into earnings has shown momentum
Updated
on the 15- minute gaining 4.6% in the Monday trading. The chart shows price crossing through
the high volume area from underneath it on Tuesday Feb 6th the breaking out from the upper
boundary with a retest the following two mornings and then separation from the high volume
area after that. Trading volumes have been consistent and constant with spikes after the
morning opens. QS has some attention as both a technology stock and a green energy penny
stock. I see this long trade as having a potential to go 10-15% if it beats the earnings forecasts.
The dual time frame RSI indicator is used to pinpoint best entries especially if scalping or
options trading. The best entry is on a lower time frame 3-5 minutes and the green faster RSI
crossing over the slower red line and both being over the 50 level. Good luck to traders
that take this trade.
the high volume area from underneath it on Tuesday Feb 6th the breaking out from the upper
boundary with a retest the following two mornings and then separation from the high volume
area after that. Trading volumes have been consistent and constant with spikes after the
morning opens. QS has some attention as both a technology stock and a green energy penny
stock. I see this long trade as having a potential to go 10-15% if it beats the earnings forecasts.
The dual time frame RSI indicator is used to pinpoint best entries especially if scalping or
options trading. The best entry is on a lower time frame 3-5 minutes and the green faster RSI
crossing over the slower red line and both being over the 50 level. Good luck to traders
that take this trade.
Trade active
QS fellin a weak general market. I look forward to it'sshare price inflating ( LOL !) in the near term after the market settles down.
Trade closed: stop reached
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