04/13/2015 – Qihoo 360
Qihoo 360 Technology, QIHU:
1. Since Mar. 26 2015 Qihoo 360 Technology was noted to be in position for a pullback which would then be buying territory for a later advance and test of $57.00 into mid April.
2. Although no official long entry (verbal or published) occurred based upon the above, Qihoo 360 Technology declined off the Mar. 26 swing high for 3 days before advancing sharply and completing the $57.00 upside target just prior to the week of April 13 (mid April). Will message any further entry or indication in Qihoo 360 Technology.
David Williams
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.