Bookkeeping: Restarting Quality System (QSII)
By Trader Mark
18 March 2010 @ 03:57 pm EDT
Quality Systems (QSII) broke over early March highs after being completely dead the past 5 weeks, so we'll see if we can catch a breakout here. I tried the same idea with Braskem (BAK) and it has not worked at all as the stock stalled immediately after the breakout. If QSII can rally from here, there should be no sweat until reaching $68. I will begin with a 1.4% exposure in the $60.80s.
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