Interesting chart on the Q's, look how many times this level of
$58.40 has stopped the price and how many times it's jumped it to
form gaps in the last year. The projection for breaking out of this
wedge is off the charts but roughly $63 is the target.
Q's
Posted by ditch on 10th of Jan 2012 at 03:19 pm
Interesting chart on the Q's, look how many times this level of $58.40 has stopped the price and how many times it's jumped it to form gaps in the last year. The projection for breaking out of this wedge is off the charts but roughly $63 is the target.
http://screencast.com/t/qsNmBRR7
63
Posted by meaghan on 10th of Jan 2012 at 03:26 pm
the last time the Q's hit 63 was Jan 2001
call it inflation LOL but that
Posted by ditch on 10th of Jan 2012 at 03:29 pm
call it inflation LOL
but that is the projection of the wedge breakout.