Well I was wrong about it not breaking out just yet (I will wait to see if it can get above 3.5 cents and stay there for confirmation) and I'm definitely not complaining about the excellent rise. It just goes to prove what those smarter investors have been saying about QXR, it should never have gone back down so low.
The props and walls strategy did work for the larger players I'm sure, however, those walls recently have failed and it could very well be game on now. Get above 3.5 cents without falling back underneath and resistance is gone. It's been a very long time since this has been that high. Bear in mind though that while it may look like it has managed to shake of the recent idiotic drop, QXr has a tendency to drop the bag on unsuspecting traders. Just be aware of the game here.
All the very best to all holders.
TOWB
QXR Price at posting:
2.9¢ Sentiment: Hold Disclosure: Held
