zapamac84

Pivotal Level for this stock to "Soar" or Fail"

NYSE:QIHU   None
0
Seeing others thoughts. I've been burned by this stock several times. and Clearly is very broken stock. Shorts are starting to flee, but still heavy short interest. But I see it very attractive at these levels if break $ 51, or maybe i missed it already the swing trade here.. another resistance around 54. it at a critical level regardless. may even be worth a short if fails 51. I like Volume in the break above 21 EMA, so looking nice, and feel this breakout above 51 on volume and than add above 54ish if breaks.
Chinese Stimulus helps, and fundamentals and growth are strong, I i feel could be a turing point in this very very broken stock. Was and IBD top 50 not long ago, and EPS and market share in china still strong, just Chinese stocks went out of favor...
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