Janco Partners upgrade Qwest
Monday, October 29, 2007
Shares of Qwest are trading very well today after Janco Partners upgrade stock to Mkt Perform from Sell. Looking at the daily chart stock is trading in a clear downtrend momentum, with all indications showing the same sentiment - Bearish. At this levels we can see some rebound due to the fact that $8 have worked perfectly as a support, so rebound at this level is perfect and could give some hopes for Bulls regain some confidence. However, overall stock chart picture still Bearish. Keep an eye on Qwest.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.
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