poised like a spring
The stock does appear to have solid support at .011 I bought in at .012 on the day 10 million were traded having watched it for the last six months I have traded Quadtel in the past and am yet to lose on this one (A rare event indeed). I believe this is the bottom and that we will see a breakout of the long term downtrend in the near future. This trend and trend line is the main reason the recent rally has stalled a bit, as their is big resistance at .015 - .017. Nothing of any consequence available up to .015 Technically it is poised like a spring and a positive announcement should nearly do it. Lets hope the rally on the nasdaq starts to soak into a few trader / investor heads and we may see a bounce in technology stocks over the next few months Cheers
QTL Price at posting:
0.0¢ Sentiment: None Disclosure: Held
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