QS Energy Inc (QSEP)

[Shrimclim]

Something that hasn't been said...

This QSEP chart appears to reflect a FINAL LEAN scenario according to my chartist buddy. What's that? Look at the chart:

QSEP 1-yr chart

Back in Feb/Mar of this year we moved sharply UP from 10 cents to 20 cents per share. My chartist expert says that a "mirror move" followed in Oct/Nov sharply DOWN from 15 cents to 5 cents. This mirror move down by 10 cents represents the culmination of the pps FINAL LEAN in his estimation.

He explained that such price action reflects the "final shakeout" exasperations of the remaining weak handed shareholders. The MMs see this and take the opportunity to fill the coffers of their well-healed clients at the lowest prices. There is no resistance to the MMs machinations with the stock price because the strong hands are holding on to their shares patiently waiting for the good news to arrive.

What happens next is the stock moves higher steadily until THE EXPECTED GOOD NEWS is announced causing an extreme upside breakout.

Hope he's right.