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BQI - OILSANDS QUEST INC - Page 18

post #341 of 450
Nice close at HOD for 9700 shares with .70 on ask. We've almost broken the trend line now, but I think the real test will be closing above the 10-day moving average tomorrow, which would happen if we closed at .71 or above. The following chart is old, but you can still figure out most of what I'm saying.

post #342 of 450
^^^^ Nice Red, was gonna post the something here. The scaling on my TOS charts must be a tad different then yours as the hammer candle today broke my trendline. Either way, chart's looking good with positive divergences setting up now on the RSI and FullStoch as well. However, we still need some confirmation though with PPS.
post #343 of 450
So, chart looks good. The only thing I'm worried about is whatever caused the last sell off. Anyone know? That's a pretty big (50%) move down.
post #344 of 450
Quote:
Originally Posted by Sabbah View Post
So, chart looks good. The only thing I'm worried about is whatever caused the last sell off. Anyone know? That's a pretty big (50%) move down.
I linked it a few pages back, they sold a property and resignation of CEO. All at the same time = massive panic sell
post #345 of 450
post #346 of 450
I did, I don't consider it relevant though. It's TA work that's over a month old, that at the time was correct. It's no longer down trending it's consiladating.

A new trend will eventually start, probably to the upside. Though if crude oil drops that certainly won't help. I push up above 80 would be great but, market moves like today's won't. I'm not drooling over this thing, but I like the chart and the potential upside.

post #347 of 450
I wish this thing would stop messing with my mind! I look at the chart, say, wow, any minute now (I see a cup and handle *trying* to form) But then it just lays there like one of Jaz's inflatable sheep after a long weekend. Sad. The inflatable sheep part. Oh, and the stock part, too.

On my Zecco 1 minute 1 day chart, the money flow indicator turned up sharply EOD Friday. Can anyone else confirm this?
post #348 of 450
Thinking about getting in this one next week. With spring approaching and gas prices steadly going up we should start to see some green. Any one else agree?
post #349 of 450

BQI

Guys an important thing to note before purchasing this stock is that they have a shelf filing, which means they want to sell more shares of common stock, further diluting the shareholders. I would assume this is what is holding the stock down so heavily. Even if there is a bounce, it will be temporary.

HTML Code:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7067742
post #350 of 450
Looks like the downtrend is coming to an end
post #351 of 450
Quote:
Originally Posted by hockey408 View Post
Looks like the downtrend is coming to an end
Looks like a little sumptin' is a brewin'...
post #352 of 450
passed the .72 mark it couldn't pass last week. 0.76 is currently the upper BB point
post #353 of 450
Nice close...
post #354 of 450
I had forgotten about this one until alert triggered when it hit .75 today. Beautiful close. This will be exciting to watch tomorrow
post #355 of 450
Nice run end of day to HOD @ .74

I found this in regards to the dilution. Unsure as too how much this will effect the stock.


http://www.otcmarkets.com/edgar/GetF...lingID=7067742
post #356 of 450
Nice day here. Energy sector is also breaking out along with BQI.

post #357 of 450
Beautiful pincher setting up!
post #358 of 450
Doing some churning here now after filling the gap this AM. I think once the HOD shows back up on ask, the heavy hitters will show up.
post #359 of 450
Excellent action...at the HOD
post #360 of 450
Quote:
Originally Posted by RedStick View Post
Doing some churning here now after filling the gap this AM. I think once the HOD shows back up on ask, the heavy hitters will show up.
Breaking HOD we will see.
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