Okey.. so i looked up 4 different stocks last Friday, just trying to predict from what i've learned so far how the stock would turn out today.


I got 2/4 stocks right and just wondering what i missed.


First stock is QUIK.

Background story - QUIK has since Juli 16th been downtrending, went from 1.68-1.10 in about 10 days. They then went out with a pressrelease about their new EOS System calling it the most advanced in the world. The stock spiked from those news from 1.10 to as high as 1.84 but after that they just started to downtrend all the way down to 1.36.

So from Thursday -> Friday close it went from as high as 1.84 to 1.36 and during whole of friday it could not reach over 1.40 but did not drop down under 1.36. 

My predictions because the stock had spiked so hard because of the good news "but they had losses in their Q2 reports" i thougt it would spiral down to where it once was around 1.14-1.17. but QUIK has been stable around 1.32-1.35 whole day. So did i miss any indicators or something that would have shown that it would be rather stable?






Second stock is EXEL.

After making a new high and failing to find any support level EXEL just dropped down around 30cents / share. They were downtrending at the close and afterhours showed no real sign of bouncing back up. Same here again - i thougt they were gonna keep going downwards until they released their second financial result at august 11th which would then "if postivie" would spike back up or the other way around depending on the news. 

What did i miss ? since EXEL spiked up with 50cents / share and now going down again settling around 6 dollars / share. "which is a 30cents / share + from friday close."


Anyone got anything to add? if you want more details about how and what i was thinking just ask.

Tim