LQMT SETTING UP BULLISH REVERSAL OPPORTUNITY
Since mid July the stock has seemingly began to find some support and has now regained extra support from the 5&13 EMA's. All indicators are on a upward bullish reversal and show some divergences from the price action, buy side volume has also become dominant.
For safety its wise to wait for continuation before entering a trade, but at this point of entry the stop loss should be kept tight below the daily EMA support.
COMPANY PROFILE
Liquidmetal Technologies, Inc. engages in the design, development, manufacture, and sale of products and applications from amorphous alloys. Its products caters various industrial applications which include medical, military, consumer, industrial and sporting goods products. The company was founded in 1987 and is headquartered in Rancho Santa Margarita, CA.
For safety its wise to wait for continuation before entering a trade, but at this point of entry the stop loss should be kept tight below the daily EMA support.
COMPANY PROFILE
Liquidmetal Technologies, Inc. engages in the design, development, manufacture, and sale of products and applications from amorphous alloys. Its products caters various industrial applications which include medical, military, consumer, industrial and sporting goods products. The company was founded in 1987 and is headquartered in Rancho Santa Margarita, CA.