QUALITY SYSTEMS INC
(QSII-Nasdaq):
Technical Viewpoint: From a low
of $29.22 on Jun 8, 2006 prices
rallied, reaching a
high of $38.27
on Jun 12, 2006. A
decline saw prices pull back, reaching a
low of
$30.43 on Jul 27, 2006.
Another rally saw prices penetrate
resistance, closing 8/4/06
at $40.26. Technicals: MACD Index (MACD): A Buy Alert!
was given on Aug 4, 2006 when the solid line crossed the dotted line to the upside.
Support: Remains at $37.00. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Aug 6, 2006. A P&F upside
reversal takes place at $37.00. Summary: Technical indicators have turned bullish. BUY! QUALITY SYSTEMS INC
(QSII-Nasdaq) @ $40.63 Stop: Use a protective stop of $38.63.
QUALITY SYSTEMS INC is currently trading @ $40.26 plus $6.26 on Aug 4, 2006. Price Objective:
$50.00. Risk/Reward: $2.00 VS. $9.37. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$50.00
Risk/Reward:
$2.00 VS. $9.37
Risk/Reward Ratio:
5:1
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