Canadian Stocks

[howestreetbull]

QIC TA Look
Just a quick update on an encouraging trend I'm seeing on the QIC.v chart,
since the LBI acquisition the stock has sold off sharply .125-> 0.05c region, however it has consolidated nicely and allowed participants to add to existing positions or establish cheaper ones if they sold the pop into the news. The chart is perking up with the MACD, MACD histogram, STO's both fast and slow PMO, KST, PSAR, ADX, and AROON UP all either turning bullish and/or confirming this bull move, a nice pop back into the 0.07-0.08 c range happened yesterday on some decent volume as it appears tax loss harvesting in the name is winding down. Financials are set to be announced mid Jan I believe and I would expect we continue to firm in anticipation of the pending results.
cheers,
hsb
http://www.stockcharts.com/h-sc/ui?s=QIC.V&p=D&yr=0&mn=3&dy=0&id=p37739467932&a=494777666&listNum=13