Tuesday, April 16, 2013

Stock Talk - LQMT Chart

LQMT TECH INDICATORS ON 4-16-2013


LQMT looks like a play. There appears to be a lot of accumulation on this penny stock. I am seeing a flag formation from mid-March until now. It could be approaching an apex.

The Bollinger Bands are tightening down, and the Stochastic is bullish. MACD shows signs of a positive breakout. It could possibly pop and start a bullish trend, or just settle and sleep for a while.

I'll have my eyes on all of the indicators over the next few days and make a decision on whether or not to start accumulating this myself.

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