Quest Rare Minerals Ltd. (fka QRMLF)

[TraderRich]

So far, so good. 1.61 is the 20ema on the weekly chart. Last time we hit that was in March. 1.61 was also the intra-day PP-R2 pivot point. Kind of interesting if the stock moves within the PP's. Looks like current resistance is at the 100ma on the daily chart at 1.55. The uptrend line is a little steep to my liking. It would be nice to solidify 1.45 - 1.39 as support if/when we should do some back filling. Then it would be nice to make a move to the 1.75 - 1.86 area. 1.86 is the 30ma on the weekly chart, which is a highly watched moving average on that interval. Once we get above that and heading up again we'll be in good shape. We'll probably be above 2.50 by then.