QLYS is promising: a 95% Genius rating beating 95% of stocks, a double breakout pattern, and strength despite a market downtrend. A stock rising in a bear market is worth watching as a likely leader once the bear market ends, though the pattern works only about 60% of the time.

I've talked about Qualys in some of my videos over the past two weeks, and it has appeared in our stock screening tools and in our stock reports. Qualys stock received a Genius rating of 95%, meaning it outperforms 95% of other stocks in the database. Therefore, it has a very strong rating .

It is best to buy when the price is high, and to sell when it is high. But look at this wonderful double pattern . The price broke through, but couldn't sustain it due to low trading volume, then it came back and tested it, entered the selling zone, and now the price is breaking through again.

40% of successful hacks fail. So, we're not entirely sure. What we are trying to do is increase the probability of success, and that is why we study patterns, because these are the patterns that tend to achieve breakthroughs with a higher probability.

But it doesn't always work. It succeeds in 60% of cases and fails in 40% of cases , even if it is formed correctly.

So, we have a promising stock. Here we use the Promising Market Timing indicator, which indicates that our stock is promising. But the market here is in a downward trend. This is not good.

However, despite the market downturn, the stock is still performing well .

I always say, " Look, the stock is the leader. The market is the facilitator, but if you have a stock that has risen in a bear market, that's a stock worth watching, because once the bear market is over, it's likely to become a leader ." At least that's what I noticed in these graphs.