IQE - TURNED A CORNER, SET TO RISE

I selected IQE, yesterday on the UPS thread to do well this week

Share	Volume	Chart	News	Various
IQE price 8.75p	About dayly overage volume last Friday but mostly buys that pushed the bid up	Now at support, doing a higher highs and higher lows means uptrend, doing a second double bottom on the last two month, Indicators rising from oversold	A January trading update is expected to be very good on all fronts. Semiconductors a sector to be in 2006 . IQE is on the road to recovery with its Silicon based products being a hot stuff for Christmas	The company web site is advertising for jobs, it could signal to increased production. Has enough cash to last till cash flow is positive as operating profit is a reality now.Directors has been buying shares over the past 3 months some above today's prices