LEARQ formerly a NYSE stock now on the pink sheets may be poised to make a run and take a shot at a cup pattern. However, the Q is there for a reason.
More DD is in order.
Chart for LEARQ
Lear Corporation designs, manufactures, and markets automotive seat systems, electrical distribution systems, and electronic products for the automotive industry. It operates in two segments, Seating and Electrical and Electronic. The Seating segment engages in the manufacture, assembly, and supply of vehicle seating requirements for automobiles and light trucks. The Electrical and Electronic segment offers electrical distribution systems and electronic products, including wire harnesses, junction boxes, terminals and connectors, various electronic control modules, wireless systems, and high voltage components, as well as audio sound systems and in-vehicle television and video entertainment systems. The company sells its products primarily in North America, Europe, South and Central America, Africa, and Asia. Lear Corporation was founded in 1917 and is headquartered in Southfield, Michigan. On July 7, 2009, Lear Corporation, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York.
LEARQ.PK: Profile for LEAR CORP. - Yahoo! Finance
LEARQ - Lear Corp. (OTCBB Stock)
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