QCLN target entry $72
Great fund, love EVs, and it's paid out handsomely by just buying the dip and following prudent stop losses.
Short term pullback doesn't have a support line now until $71.84 right near the .786 FIB and looks like a logical bounce point.
M top for now, expecting bottom in 1-2 more trading days
Watching for reentry near $72, expecting resumption of uptrend soon after
Exited most of my longs at the end of the year.
I ended up giving back about 1/2 of my gains on paper by keeping some into this year so far.
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
Short term pullback doesn't have a support line now until $71.84 right near the .786 FIB and looks like a logical bounce point.
M top for now, expecting bottom in 1-2 more trading days
Watching for reentry near $72, expecting resumption of uptrend soon after
Exited most of my longs at the end of the year.
I ended up giving back about 1/2 of my gains on paper by keeping some into this year so far.
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
Note
Beautiful bounce on the 200MA, and then, a red candle to end the day.Updated Price target $76 - .618FIB
Note
Note the negative divergence on RSI. I think we get one more small down swing, the up we go.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.