CColeTrading
Long

IQNT back into an area of support after yesterday's plunge.

NASDAQ:IQNT   INTELIQUENT INC
5 0 1
Undervalued solid dividend payer with healthy balance sheet coming back into a support area that has been tested several times now. Yesterday's plunge on the downgrade by Raymond James presents a buying opportunity barring a rate hike surprise by the Fed this afternoon. Healthy risk:reward here as well with a stop below the support area and a target at the trend line resistance above.
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