Replies to post #74001 on Quantum Materials Corp. (fka QTMM)

[solartech]

No, yesterday's breakout from the inverted H&S formation failed to meet support, if there is support share price should be over 5 cents today. The Right Shoulder is over extended and the Head&Shoulder pattern is now bearish, meaning it forecasts no good news in the near term.

It seems we are now back in last December and share price will hit 2 cents in September.

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=QTMM&time=7&startdate=1%2F4%2F1999&enddate=7%2F2%2F2011&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=32&lf2=4&lf3=2&type=2&style=320&size=2&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=10&x=33&y=5