Qlik Technologies (QLIK)
Qlik provides business intelligence (BI) solutions that help people create and share insights and analysis in groups and across organizations. Business users can explore data, ask and answer their own stream of questions and follow their own path to insight on their own and in teams and groups. The QlikView user experience is powered by its in-memory engine, which maintains associations in data and calculates aggregations rapidly, as needed.
Have you ever wondered how some investors seem to be better at finding good investment opportunities than others? Or how some companies seem to always out-compete their peers within the industry? According to the efficient market hypothesis the market always reflects all known information, right? And companies within the same industry should have access to the same macroeconomic trends that drive their business right? Of course, but it is the collecting, organizing, analysis, and presentation of this information in a timely fashion that enables certain companies to make better and quicker decisions with the information that is readily available. That's what QLIK does. They provide a solution that enables business to use information quickly and efficiently to make better decisions.
In a world that has become even more competitive than ever with new technology often a catalyst to dethrone an industry titan, it is crucial for companies to identify trends sooner rather than later. And this trend is what we think will drive QLIK to succeed.
TECHNICAL ANALYSYS
Buy Point (Bollinger & RSI close to oversold) see chart
