QS broke out of a wedge on the weekly chart, watch to see if it breaks the $31 and $37 resistance levels, if it does then I can see it going upwards to the $44 range.
A break of the $31 resistance level is important in order for QS to continue going in an uptrend; the daily chart formed a Shooting Star or "Doji" Candlestick (which is typically a bearish reversal signal), so this will be a stock to watch!!
Could potentially be a good swing trading opportunity!
A break of the $31 resistance level is important in order for QS to continue going in an uptrend; the daily chart formed a Shooting Star or "Doji" Candlestick (which is typically a bearish reversal signal), so this will be a stock to watch!!
Could potentially be a good swing trading opportunity!
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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.