QXO, Inc.
Long
Updated

QXO - My first mention of a very interesting chart

91
Please do your own research on this company because it's extremely interesting and enticing!

I first got introduced to this company mid-last year before our strong move into the $17+ and since then we've seen a consistent downtrend. Starting to see signs of tapering and recovery now as we tapped into HTF demand so definitely a chart to keep an eye on - especially with their pending deal to purchase a large roofing company.

Happy Trading :)
Trade active
After our breakout of red and test (proof) of our teal tapered algorithm, we retested the LTF teal and have since proven once again our teal algorithm. This is a typical pre-breakout opportunity and as we see below, we are building liquidity for a break of our supply zone and up to our HTF white algorithm sitting in the $15.50 range.
snapshot

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