QUES Daily Chart ~ Huge Volume on Friday I re-e
Post# of 2561
Posted On: 01/31/2016 12:40:22 PM
QUES Daily Chart ~ Huge Volume on Friday
I re-entered QUES Friday morning in the .1995 to .21 range but only for 19,250 shares. I would have liked to buy more, but funds didn't permit it. I will post a weekly chart next so you will all get an idea of the last 2.3 years of history of the trading. QUES was one many of us invested into late in 2013. At that time, QUES was a shell but began to announce the acquisitions of private companies. Since then, QUES has acquired three companies and is reporting revenues nearing $90,000,000 for the next 12 months. Debt is being reduced, margins are being increased, and the company is seeking other acquisitions.
Technically, Friday saw its highest volume in 14 months. From a close of .16 on Wednesday to an intraday high of .305 yesterday. A close of .30 would be the highest close since mid December. A move and close above the MA100 and 200 at .33 and .34 would put QUES into play for a test of the .38-.45 area. Should the stock close over .45 short term, we could see a substantial move over the next few months. GLTA
I re-entered QUES Friday morning in the .1995 to .21 range but only for 19,250 shares. I would have liked to buy more, but funds didn't permit it. I will post a weekly chart next so you will all get an idea of the last 2.3 years of history of the trading. QUES was one many of us invested into late in 2013. At that time, QUES was a shell but began to announce the acquisitions of private companies. Since then, QUES has acquired three companies and is reporting revenues nearing $90,000,000 for the next 12 months. Debt is being reduced, margins are being increased, and the company is seeking other acquisitions.
Technically, Friday saw its highest volume in 14 months. From a close of .16 on Wednesday to an intraday high of .305 yesterday. A close of .30 would be the highest close since mid December. A move and close above the MA100 and 200 at .33 and .34 would put QUES into play for a test of the .38-.45 area. Should the stock close over .45 short term, we could see a substantial move over the next few months. GLTA
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