Update: Out QID and Buying PWAV
Posted on June 13th, 2008 in Stock Market | Comments Off
I’m out of the QID for now as the tech stock want to go higher into next week. I’m looking to buy back into the QID next week at around $38.
PWAV has formed a bullish flag. Look at the weekly chart chart and you see that there was a nice up trust 5 weeks ago and we are pulling back on lighter volume. Additionally we broke out of the downtrend channel with strength.

Now on the daily price is pulling back and OBV is good. I will buy PWAV here at $4.01.

