fximperija
Long

$NQ ready for breakout

NYSE:NQ   NQ MOBILE INC
323 6 2
After a "fall from cliff" in the Q4 of last year, $NQ made a bullish pennant and broke out beginning this year. Reaching the 22 (78.6 ret. of the 2013 high). Dropping down to this year low @11 (78.6 ret. of this years high), $NQ creates again a bullish pennant, ready to break out.
The breakout level to watch is 13 with a target 19.50-62
dp
2 years ago
Didn't know you track individual stocks :)
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fximperija dp
2 years ago
:) Oh yes, I do, only some assorted and indexes also.
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dp
2 years ago
Would appreciate if you turn your eye at WTI crude somehow :)
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leonardi
2 years ago
seems to have fallen from wedge..your thoughts?
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fximperija
2 years ago
NQ broke the pennant on the downside but pulled up back to 12. With no lower low this looks like a CZ with possible 14 as resistance and next one at 18.
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fximperija
2 years ago
I was so wrong about this. NQ died. This either a very good buy or total investment disaster.
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