exciting chart

QRX tracked sideways for a yer.

Then it finally broke out in Dec 2010 and shot up to a high of $1.49 and then pulled back to the breakout line and then recovered.

The price is now $1.485.

One more cent and it will be its highest price it's been since Oct 2007!

On Fridy QRX announced it's been included into ASX 300.

This may mean some funds are now allowed to buy it???

Not sure what inclusion to ASX 300 means in real life but for some reason often illiquid shares jump a few percent in response to the news.

Be good if QRX price jumps a couple more percent and holds it - from a charting perspective.


QRX is an exciting company - on its way to FDA approval for a pain relieving drug that serves a multi-billion dollar market.