TradeTheTrends

QTWO, REVERSAL APPROACHING!

Long
NYSE:QTWO   Q2 Holdings, Inc
Hello fellow traders and investors, here's another trade idea.
QTWO has recently pulled back to the bottom of the ascending channel , if QTWO makes a recovery to the previous high it offers a 43% ROI .

Technicals:
The Macd indicates that it's oversold and now in an uptrend
The EMA's are close to crossing
The RSI is oversold

When To Buy:
When the EMA's crossover

When To Sell:
I recommend selling at its previous high

Fundamentals: QTWO engages in the provision of digital banking solutions. Its services offer security, advisory, web services, custom services, and end-user marketing solutions. QTWO has a forward P/E of 182.50 which is absurdly overvalued, a debt/equity of 0.87 which isn't very good, a sales growth Q/Q of 25.60%, an EPS growth Q/Q of -113% which is very bad, a profit margin of -34% and a short float of 9%. In general there fundamentals are quite bad and I personally don't feel comfortable buying any shares however if it meets your criteria feel free to add it to your watchlist.

Rating: 35/100 the technicals are good however the fundamentals are not good at all.

I hope you enjoyed this quick analysis and many more to come.
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Thanks.
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