Don't Ignore This Chart!

A Momentum and Price Breakout for Quadra Mining

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After a rough start at the beginning of the year, Quadra Mining (QUX.TO) may be finding its feet with a high volume breakout. The stock surged to a 4-week high on the highest volume in four weeks. The indicator window shows RSI also breaking out to its highest level since mid January.

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Announcement from the Author

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Arthur Hill
About the author: , CMT, is a Senior Technical Analyst at StockCharts.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
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