Welcome To The Questerre Energy HUB On AGORACOM

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Message: Another buy recommendation from Investtech.

Another buy recommendation from Investtech.

posted on Feb 05, 2010 08:22AM

Translated from the following link: http://www.hegnar.no/analyser/article409242.ece

Analyst Espen Grønstad has singled out Scandinavia's ten most attractive shares. Four of them are Norwegian...

(and of course one of them is QEC)

- Questerre Energy is in a rising trend and a continued positive development within this trend is indicated. The stock broke through 19.84 kroner which breached a rectangle formation. The rate has now fallen back somewhat, but the formation, indicating a further rise remains intact. The stock has support at around 15.00 kroner. Trading volume has previously been high around the price peaks and low around the price bottoms. This trend strengthens the overall image. The stock is considered technically positive for medium term.

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