QUESTOR PHARMACEUTICAL
(QCOR-Nasdaq):
Technical Viewpoint: From a low
of $21.00 on Jun 13, 2011 prices
rallied, reaching a
high of $24.49
on Jul 5, 2011. A
decline saw prices pull back, reaching a
low of
$22.62 on Jun 23, 2011.
Another rally saw prices penetrate
resistance, closing 7/1/11
at $26.50. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jul 1, 2011 when the solid line crossed the dotted line to the upside.
Support: Remains at $24.38. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jul 1, 2011. A P&F upside
reversal takes place at $25.00. Summary: Technical indicators have turned bullish. BUY! Questor Pharmaceutical
(QCOR-Nasdaq) @ $27.25 Stop: Use a protective stop of $25.25.
Questor Pharmaceutical is currently trading @ $26.50 plus $2.40 on Jul 1, 2011. Price Objective:
$39.50. Risk/Reward: $2.00 VS. $12.25. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$39.50
Risk/Reward:
$2.00 VS. $12.25
Risk/Reward Ratio:
6:1
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