I continue watching QIIIF level 2 on a daily basis. The logs show accumulation continues.
My entry at .20 looks safe for now (as safe as a BB stock can be), but volume still needs to increase before I add to my position. Increasing volume on the ask side would validate that a reversal has indeed occured.
Also make a note that the upward gap that occured Friday shows increasing volatility. I really don't like gaps, so I hope it fills. The four month downtrend although a very steady decline, has been on low volume, also a positive.
So lets see what happens, a backfilling of the gap and then a continuation of the reversal on increasing volume whould be a sign that QI Systems is ready to move forward.
Good Luck Longs