QUALITY SYSTEMS
(QSII-Nasdaq):
Technical Viewpoint: From a low
of $34.26 on Mar 9, 2009 prices
rallied, reaching a
high of $48.46
on Mar 25, 2009. A
decline saw prices pull back, reaching a
low of
$43.00 on Mar 30, 2009.
Another rally saw prices penetrate
resistance, closing 4/17/09
at $51.48. Technicals: MACD Index (MACD): A Buy Alert!
was given on Apr 17, 2009 when the solid line crossed the dotted line to the upside.
Support: Remains at $47.50. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Apr 2, 2009. A P&F upside
reversal takes place at $48.00. Summary: Technical indicators have turned bullish. BUY! QUALITY SYSTEMS
(QSII-Nasdaq) @ $51.88 Stop: Use a protective stop of $49.38.
QUALITY SYSTEMS is currently trading @ $51.48 plus $1.22 on Apr 17, 2009. Price Objective:
$61.00. Risk/Reward: $2.50 VS. $9.13. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$61.00
Risk/Reward:
$2.50 VS. $9.13
Risk/Reward Ratio:
4:1
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