lowtrade

[lowtrade]

LQMT acting as expected. Filled 1st gap below today. Watch for flag bounce before 50% FIBs or 11 cents. Without, it may fill 1st gap which often is left behind on true comeback stocks.

Thus this is a pivot point. Bounce = continuation and turn around. No bounce means retrace to beginning eventually and odds it won't comeback.

The positives are today left a gap above, needing fill now and all TA is still positive. We'll see whether to continue watching or not, in the next 2 days IMO. But could stall and channel like pre this pop.

My re-entry points are .13 small and .15 large. This flag target; add .07 to bounce point.

http://stockcharts.com/h-sc/ui?s=LQMT&p=D&yr=0&mn=3&dy=0&id=p05907440703

Play at your own risk.