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Re: gp3 post# 45530

Monday, 06/05/2017 7:04:25 PM

Monday, June 05, 2017 7:04:25 PM

Post# of 47295
Just a note about LQMT's post a little while ago.

I just checked the chart again, as I do from time to time, looking for a new LQMT play. And, this time, it is presenting a Heads & Shoulders pattern. (Negative) Expect a strong retrace (ADX indicator is above 50) when/if the 26 cent neckline is reached. Could see another nickel down to the 21 cent area again. Mentioned this sort of thing happening at LQMT in last post. Well; I expect to see it again.

Take profits if you have them. IMO

Heads & Shoulders pattern;
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:head_and_shoulders_top_reversal

LQMT chart;
http://stockcharts.com/h-sc/ui?s=LQMT&p=D&yr=0&mn=6&dy=0&id=p92136303176

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