Long Position on QNST @ $18.00 on 1/11/2019 (Momentum)

QuinStreet, Inc. (QNST) is an Internet performance marketing company.

It provides customer acquisition services for its clients in the United States and internationally.

It offers online marketing services to its clients in the form of qualified leads, inquiries, clicks, calls, applications, customers, display advertisements, or impressions through its Websites or third-party publishers.

The company provides its services in various verticals, such as financial services, education, business-to-business technology, and home services. 

Shares have formed a bullish "cup and handle" and are in the process of breaking out of the formation. Higher share prices are expected for this stock. The 200-day MA is shown in brown.

Entry Point:  $18.00

Stop Loss:  $17.00

Trading Range:  $8.29 - $18.75

Target Price:  $19.80

Updates

2/12/2019 9:53:47 AM

QNST closed at $14.15

Position closed on 2/12/2019 at price of $14.15 with a -21.39% loss in 32 days.

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