Quicksilver/ZQK

I receive emails wondering, "Why this?" or "How that?" -- especially when I offer a lengthy, if partial, list of those opportunities that beguile me now.

So, in the bid to offer connective tissue on the skeleton of that earlier post, I will irregularly offer added comments, as I did earlier this week re the pattern breakout for Heinz/HNZ. I also hope to offer some guidance in advance of those price breakouts, such as Quicksilver/ZQK, which really mystified many writers. ("I just do not see the pattern!")

I admit that, except for the well-trained eye, this pattern is not readily apprehendable to all -- when viewing the charts basis the daily bars. The picture coalesces, however, when looking at the weekly basis; the monthly basis reveals the incipient and building upside pressure.

[click on image to enlarge]

Does the weekly basis chart above reveal, or at least make more clear, the intermediate term base Quicksilver/ZQK has built nigh these past ~20 months? I highlighted several areas of note that might help.

I accumulated initial lots at ~$13 in recent weeks; I will purchase more shares on the breakout, if and when it occurs. When I approach that crossroad, the market will tell me what to do, when to do it, and how much of it to do.
-- David M Gordon / The Deipnosophist