Friday, May 05, 2017 9:37:47 AM
My cup and handle is based upon a chart which is five years. I believe yours may be very short term.
Look at this chart:
http://www.stockscores.com/quickreport.asp?ticker=lqmt&x=0&y=0
You see the little cup and handle on the right side, right?
However, I click on the 5 year chart and I see the BIG CUP which is still forming. When the right side hits 60 cents, which preceded the "in the midst" announcement, then a fully formed cup will result.
Going back to your little cup and handle: it is a series of similar cups and handles which will continue (hopefully) to make up the right side wall of the BIG Cup and Handle which, alas, still is not completed.
Recommend you look at the P and F charts for LQMT on stockcharts.com to try to develop a longer term perspective.
Of course, all of what I said is highly speculative and not to be taken as any sure thing. I just never like to look at the day charts and base get rich schemes on them alone without having the longer term perspective.
Of course, when I first started with LQMT, there was no long term perspective. The first charts were made at the IPO in May of 2002.
Obviously, the short term expectations for LQMT which have washed rinsed and repeated for years, never were achieved financially.
Indeed, even today, they have not been achieved.
We still expect, though, don't we?
Good Luck.
Recent LQMT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:11:00 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 08:49:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 09:05:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/21/2023 10:15:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2023 10:26:27 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/10/2023 08:37:18 PM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM