QH : A daily close or two above 2.40 will be a bullish sign

QH posted a healthy reversal on Friday and should test 2.40 in the very near term. We are looking for a volume supported break above 2.40 which should give the stock a decent chance to rally to 2.60 or so, possibly nearer 2.70 in the not too distant future.

Consider entry on a breakout at 2.40-2.42, or in anticipation of such from 2.30 or so.

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