QYOU MEDIA INCLong
QYOU (44%) Cup and Handle Pattern
Taking a look at QYOU.CA on the 1 day time frame we see a cup and handle pattern forming. Entry point is at $0.335 and take profits at $0.48 (last resistance). Look for re-entry if breakout past $0.48 and new support forms.
Cons:
Price below 10EMA
Price not quite above 50EMA
MACD Descending and challenging negative area.
Cons:
Price below 10EMA
Price not quite above 50EMA
MACD Descending and challenging negative area.
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