Skip to content
November 16, 2009 / Jeb

Secondary Buy Point for Oilsands Quest (BQI), Return Move After Major Breakout

bqi

Oilsands Quest had a major breakout since our original recommendation.  Since the market has pulled back, BQI experienced a return move back to the trend.  After major high volume breakout pullbacks or return moves are common.  Usually when support is shown at the 50 day investors start piling in leading to a major move.

About these ads

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

%d bloggers like this: