RE:Chart stuff2 Year Weekly Chart is looking like a thing of beauty...
I see the same $0.165 resistance and the same $0.24 resistance as you suggest.
Look at that chart and it all spells longer term hold vs. short term "flip".
I am holding long regardless.... This is a stock that you buy and close your eyes to let a superior management team bring their plan to fruition.
IMO, big things will eventually unfold in QNRG space.... but it will take patience in an impatient world!
Good Luck to All!
FI4
Odelay wrote: This will certainly show up for TA traders today, so here is what they will be looking at:
We are above the 50 and 200 MA, so the next key resistance point is that August 15th high of .165. With the RSI over 80, it would be normal to see this test that resistance level, then get sold off a bit to cool the RSI again. Once we have that August high out of the way, we should next look to .24 for the next resistance level. But, if this gets on enough people's radar, solid news can skyrocket us.
For most reading this, I don't think we really care about the day or swing trading we will see in the next few weeks. It all helps keep the shares moving around, which ultimately helps build a stronger foundation.
GLTA! I sure hope this has been worth holding for over 2 years! Looking good to me.