I'm not suggesting you panic yet imorgante. I actually am fairly damn sure that qtk will spike again, it is one of those type of hype stocks - imo it will run hard on news but it needs constant news due to the history......
I know for a fact that the home security product is going to be launched before the end of the year, im as sure as i can be that this will spark interest. Also be very damn unlucky for the deal with the PRC of China to not work out well, the spotlight is going to be on China will the Olympics - i think this is a very good contract myself. I have been stung bad with a few speculative stocks over the past couple of years and have learnt how they behave. From a purely T/A perspective i think this could head a little lower but could really be close to a great punt around here somewhere. Just looking at the chart im not sure if that upper part of the tail on the candle 16/8/05 will protect the gap somewhat, at least someone thought enough of it to give it a decent appearance on the close tonight....
QTK Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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