to be filled. Nice SOLID cross over 50 day MA too.
Take a look at the chart:
2012 is going to be a very good year for TQNT. Stock has traded higher and closed very near the high of the day for the last 4 days - very strong. However, for you traders, trees don't grow to the sky and within the next few trading sessions the stock will most likely experience some kind of a correction. Look for resistance around 5.94, which was the high of the big gap down day on 10/27/11.
For longer term holders, hang on because 8+ is as close as you can get to a sure thing in this market.
Triggered by the Needham conference presentation - can see from your charts that it is past previous top and has a clean run till 7 (thanx for the charts and pointing out this fact).
I am heavy in profits >15% and was wondering a good time/level to take profits...possibly ~7 seems like a good point.