QTWW

[ScottishTrader]

I have played QTWW twice just recently and lost out both times

The chart does look compelling, both as a cup & handle and because of the nice W double bottom, but the recent action has got me scoobieed, so I am waiting till we get a clear breakout above 4.75 (including a close above this level) with volume before getting back in.  It has broken this level and pulled back a few times, and volume is still quite low, so I don't think it is ready quite just yet, but any day now....

[Deadb440]

If you look at the signals on my QTWW chart you can see it's breaking down fairly hard.
Personally I wouldn't touch it right now unless it was to short sell.  Dead

[Deadb440]

Well after a significant drop it appears to have made an interim bottomand is rallying back.  Today's buy signal generated on the cci, with a reversal on the slow stoch and the RSI bode well but it's not out of the woods yet although it closed very strong bouncing off the 200day ma.  Dead

[ScottishTrader]

QTWW took a big hit AH thouogh on a poor earnings report - really doesn't make great reading, and it closed AH at 3.42, sown over 15% 

http://biz.yahoo.com/prnews/060309/lath085.html?.v=42

[Terliso]

My favorite formation "CUP with HANDLE" ...

*** Buying QTWW ***

[Terliso]

Chart 3:

Wish me luck on this trade.....

[Terliso]

It feels good when you enter in a stock & profitable right from the start

QTWW... I think it's looking good so far

[mcolin]

What was your entry point, and what's your target?

Thanks.

Michael

[Terliso]

What was your entry point, and what's your target?

Thanks.

Michael

My entry point was $4.27 this morning .... I don't have an exit point, stocks behave different everyday, i'll just analyze this position when the market close... but for now "let the profit run"

BULLS first job is to break the resistance @ $4.71 (weekly solid line)

Goodluck if you're IN

[Terliso]

Good comeback let's go & break that $4.71!!!!

[Terliso]

Good comeback let's go & break that $4.71!!!!

QTWW is attacking now the $4.71..... $4.64 currently up 9.69%

[Melf Elf]

QTWW is attacking now the $4.71..... $4.64 currently up 9.69%

Alister,

Another nice job.  Applause (I have to wait an hour to give it to you). 

We discussed QTWW back in December as a "possible" Wolfe Wave.  It broke out of that pattern in late January.  Having had no experience with WWs, I was concerned that the Kumo (Cloud) might be too daunting on the first attempt to get through it.  Often, that's the case.

You can see that on its last attempt to get through the Kumo (Cloud) in early March, it got stopped at the top of the Kumo, and sold off into the end of March.

That selloff filled the 3.23-3.29 Wolfe Wave breakout gap when QTWW put in a low of 3.07 on a Bullish Doji Star candle in late March.

The top of the Kumo (Cloud) last Friday was 4.20.  QTWW closed above it, at 4.23.   That looks real good.

It would be kewl if QTWW ends up making the Wolfe Wave target at #6.   

"A single uptick or downtick in MACD Histogram weekly chart indicates a change in trend"

Be careful with that.  It might have worked on QTWW.  It won't on a lot of other stocks, especially ones that are in strong trends.

Good luck, Alister, and nice job!

[wrangler]

QTWW : Moving up the last two day's

[Terliso]

QTWW

[Terliso]

QTWW is getting ready to go higher
Weekly is looking pretty good, price above 50SMA