QIHU breakout or rest before moving higher
On a daily Qihu looks a lot extended but here on weekly it still has room according to the RSI's, MACD's and MA's. But can face some resistance from the horizontal trend lines. Breaking which can definitely see immediate price targets of mid 70's. Although it looks like some rest is due, if it reverses from here immediate price target could be late 50's.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.