Now We’re Riding HIGH In The Saddle
Quick update on Q2Power Technologies Inc. (QPWR), which started a little slow but is evidently hot to make up for lost time.
Last I reported in QPWR was up 3%-4% on the day and fighting to get above the 50-day trend. That’s not a problem now:
Top detail to ponder there is of course the 20% gain on yesterday’s close. Those of you who waited for the dip might book most of that number.
But look at the volume bar as well. We’re tracking to be the biggest day on this chart in months . . . in fact, since the last time QPWR rode to $0.21!
So that’s a good omen, plus it shows that interest in QPWR is on the rise. Move like that rarely stops all at once. Usually it needs to CLIMAX first!
My suggestion: sit tight in the saddle and think of Randolph Scott. Keep your powder dry and fire it up when the action gives you a clear shot.
Maybe it takes a day or two to bring this critter down, but if it means capturing the loot, I think the patience will be worth it.
Happy, Happy, Happy Trading!
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