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Chief Market Strategist Buys QTWW At $0.78

 
Presented by  Gareth Soloway January 13, 2012 11:30AM Eastern Time

Alternate energy play Quantum Fuel Systems Technology (QTWW) looks ripe for a major move off the lows of the chart. This is a sympathy play to Energy Conversion Devices which has run from $0.20 to $0.78 in the last week. This 300% run has been epic and should spill over to other alternate energy plays at their lows. Regardless of ENER, this stock looks like a great alternate energy play. Last quarterly report was very bullish for the stock.

Chief Market Strategist Gareth Soloway picked up some at $0.78. It looks extremely cheap under $0.80.  The first upside target is $1.08 with the second target being $1.35.





  • 2012-01-13 10:38:23
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