posted on
Jan 10, 2011 04:29PM

Welcome To The Quarterhill Inc. HUB On AGORACOM
Intellectual Licenses for Electronics & Communications

Message: Re: News
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Drandres
You of course need to do your own due diligence regarding your exit point of this stock but having said that, I will explain what I am watching carefully. I am certainly not a chartist but I do use it somewhat as one of the tools to make my decisions. If you look at a 5 year chart you will see that this stock has had a rounded bottom for sometime and is now forming a cup. If it gets to around $7.50 or so it will be close to a 5 yr high and bears watching. If it drops back a little I will watch to see if it makes a cup and handle formation because that is very bullish but if it keeps dropping it will make a double top and that is very bearish. I am hoping to see the $7.50 range within the next little while. All of this of course depends on the positive outcome of the lawsuits pending. So far they have had success. Good luck to you in your choices and Happy New Year!
Notie Girl
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