QuantUpdated Quant on the rise after goldencross helps confirm triangle break
Quant essentially confirmed its breakout upward from the symmetrical white triangle around the exact same time it had its goldencross. You can also see a light yellow channel it has also broken up from, upon reaching the target of the white symmetrical triangle breakout, Quant should then be able to break upward from the blue channel as well which has a breakout target that can send Quant back to retesting it’s previous all time high. *not financial advice*
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Note
From the top trendline of the yellow channel, to the breakout target of the white symmetrical triangle is 109.77% gins on it’s own.Note
Quant now currently trying to confirm support on the top trendline of the yellow channel as it retests it for support, Quant has now officially also started forming the right shoulder to an inverse h&s pattern (not shown here) with a slightly higher neckline than the yellow channel’s top trendline.
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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.