Monday, September 12, 2016

QCCO type

it's a disaster because it went off the Finviz board ... but, actually, it's still trading, according to MarketWatch. well, it didn't trade today ... but ... until yesterday.
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as was the case with PSG, there was a cliff. it even had a long lower wick. it even made kind of a dew drop ... and then a dragonfly ... and then a tiny bar (red) ... but then it started to drop again.


then there was a big green bar down, a kind of heel. and then there was a red cliff again, on a smaller scale. then there was another dragonfly, and by this time there was a sturdy foot on the first cliff. and buying that second cliff (PNG was also a two cliff pattern) and the dragonfly would have worked out quite nicely for a three month double.


on the monthly chart, earlier highs have this set up for a 10x gain - conservatively speaking, selling at $4 - if we bought at 40 cents. read over the PSG comments.


QCCO is set up for a buy again right now. it's a different type, but the possibility of a price of $4 fairly soon is still in play.

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