Qihoo 360 Tech (QIHU)

[MiamiGent]

MiamiGent Member Level Wednesday, 05/21/14 10:27:11 PM
Re: Sulphur Mt. post# 362870
Post # of 362951

QIHU Joined you today, Sulphur- thanks for the alert.
Some of the good bits I saw:

*Just broke above the 50MA on the 3 yr Weekly- which you noted and thru the 20EMA today on the 6 Month Dailey which I look at
*RSI in sweet area for reversal- 40's
*On my chart, just had centerline crossover of MACD
*Bullish "Continuation Wedge" chart pattern just formed
*Fantastic annual Growth Rate
*Huge improvement in cash position- cash flow very strong. Debt keeping Balance Sheet weak but it's a growth Co
*5/14 PR re controlling interest in mobile advertising co MediaV will monetize it's massive user base
*Closed HOD today, for all intents.

Best guess: $45 rise in 7 weeks.
I'll hold thru next Tuesday's Earnings, when it will likely meet or more likely beat, looking back over last 8 quarters. Last Q it killed, beating Consensus by .27/SH
Looks like it returned to the 50 to rest after a torrid +83% run last 12 mo and now is heading back up.
Keen eye to catch the turn with your early alert Thursday.
MG

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