Technical analysis of Questerre EnergyTechnical analysis of Questerre Energy Corp. (Ticker on Oslo Stock Exchange: QEC) Questerre Energy broke Friday from a falling wedge formation consolidation, and with it triggered positive technical signals for the further development. Meanwhile, so now indicates momentum indicators RSI and Stochastics that share gladly precedes further rise in the short term. MACD momentum indicator has also triggered a buy signal for the stock now, and thus with and underpins the other positive technical signals for the stock. It is also positive volume balance in the share of higher volume by rising prices and lower volume at price decline. This is with and reinforces other positive technical signals for the stock. The stock has corrected down lately simultaneously with correction down oil prices. Now, however, indicate the technical picture for oil prices this may be facing a new turn up in the short and medium term (more on this below under our technical analysis of oil prices today). Questerre Energy has been down and tested a significant technical support level around 3.70 million, and have well received by the level. Friday ended thus share the entire 23.5 percent to 4.99 million. The overall positive technical picture for Questerre Energy now indicate a further rise in the share in the short and medium term. On the upside so there will be some technical resistance for the stock around 6.00 million. Decomposed that level then it will happily come a test of the next technical resistance level of importance for the stock, which is up to 9.00 million. Should the stock break up through 9.00 to 10.00 level will trigger a new powerful technical buy signal for the stock, and who then may have the potential to rise up against the old highs, around 30.00 million (cfr. Ukediagram for Questerre share further down the case here). Based on the overall positive technical picture for Questerre Energy as we repeat today at Aksjeanalyser.com our previous positive analysis of the stock. We see a potential for share against 9.00 million 1-3 month term, while we see opportunities that the stock can rise up against the old highs around 25.00 to 30.00 kroner 1-3 year horizon.