QMCO - ORBQMCO
+%19.14 after hours
230K in vol << on lower side
Traded on 30 min << missed opening
Set buy at high of 30 min candle wick / top of wick
QNT trade ideas
Why did $QMCO rally 3800% in the past 6 months? With a name like "Quantum Corporation" you'd think this company was related to Quantum computing.
QMCO is actually a data storage company and not into quantum computing as a focus which is more of a reason to believe that this was an insanely speculative rally driven by hype. Maybe it has value elsewhere but revenues and income look like garbage.
Oh yeah and then the fun part...there are REVERSE STOCK SPLITS for QMCO.
1/25 in August 2024 about a month before the first quantum news came out.
1/8 reverse split in 2017.
So when you see the all time high of $6920 that is why. Divide that by 25 and again by 8 and you will see the all time high was $34 and the true current price of this stock is....
31.43/25= $1.25
$1.25/8 = $0.157
Yes, 15.7 cents...as of yesterday close.
BUT WAIT, THERES MORE!
All time low in August '24 was $2.22. Let's split that back into the real low...
beep bop boop.......(2.22/25)/8 = $0.01
Yes. The all time low of NASDAQ:QMCO is one penny.
Everyone feeling bullish?
Quantum Corporation: Major Levels to WatchGood morning, trading family!
Quantum Corporation is at a crucial point:
Above $34.50: A breakout could push us to $50 or even higher.
Below $29: The downside opens up to the $6–$12 range.
Stay sharp as these levels could define the next big move.
This Sunday, I’m hosting a Master Your Mind Traders Class to help you build a stronger trading mindset and strategy. Seats are limited—send me a DM for details!
Kris/Mindbloome Exchange
Trade What You See
QMCO at a Make-or-Break Moment: 5 Key Levels to Watch Now
Morning Trading Family
QMCO is approaching a critical crossroads, and the next move could bring some serious action. Let’s break it down with key levels and what they mean for traders.
If we break below $65.46
The outlook turns bearish. These are the levels to watch on the way down:
$60: First stop. This is where buyers might step in to test the waters.
$55: A deeper pullback that could bring more attention from the market.
$52: A critical level. If we hit this, it’s time to reevaluate what’s next.
If we break above $68.37
This would signal a potential shift in behavior, and the bulls might take over. Here’s what could happen:
$70: The next challenge for price to clear.
$73: A key level that could act as resistance.
Above $73?
That’s the green light for a long position. If the price moves past $73, it’s likely that the trend has flipped, and we could see much higher levels.
What You Can Do
-Keep a close eye on $65.46 and $68.37. These levels are your signals for the next move.
-Plan ahead—set stop-loss levels to manage your risk.
-Stick to your strategy and don’t rush into trades without confirmation.
If you found this helpful, don’t forget to follow, like, or boost this video. Have questions about other charts or feeling stuck with trading? Send me a DM—I’m here to help!
Kris/ Mindbloome Exchange
Trade What You See
Quantum Corp (QMCO): Eyes on $70—Can We Go Higher?Good morning, trading family!
Wellness Tip Of The Day
Dehydration can impair focus and decision-making. Keep water or herbal tea at your desk and sip consistently throughout the day. Aim for at least 2 liters daily, adjusting for your activity level.
Now Lets Get into it:
Quantum Corp ( NASDAQ:QMCO ) has broken through a key resistance level at $29.91, which has now turned into solid support. With that level holding strong, the next big target is $70. If the momentum continues and we don’t see a pullback, there’s potential for a push to $88 as well.
This is shaping up to be an exciting move. Let’s stay sharp and see how the price reacts as we approach these key levels!
Comment, like, follow, or send me a DM if you’d like a deeper dive into this analysis!
Kris/Mindbloome Trading
Trade What You See
Quantum Corporation (QMCO)
🛠️ What they do: They focus on data storage and management solutions—a critical sector in tech.
📊 The chart: 15-min (left): Short-term bullish momentum, with support near $16-17 and potential to push higher.
1-week (right): Signs of reversal in the long term, but still high risk.
⚠️ Risk: Very volatile—manage your trades carefully.
💡 Outlook: Short-term potential looks positive, but price swings can be wild. Trade safe!
💬 Let me know your thoughts!
TOTAL Week: +76.9% realized with 9 out of 10 trades WIN10 trades made total this week
9 wins ✅
1 loss ❌
90% win rate 💪
Monday: +28.8%
Tuesday: +15.1%
Wednesday: +24.4%
Thursday: Holiday
Friday: +8.6%
TOTAL Week: +76.9% 💵
All of trades were Buy Alerts
Trades were on UMAC, OTLK, VCIG, IDAI, HSAI, IMG, VSTE, QMCO, ZENA
Enjoy the weekend, see you all on Monday morning!
A good place to start distributing a little moreThe stock has been selling, and the price has gone down until positive news and a candle, with the most significant increase in data produced since last year, took us back to 36 or more. The odds of a slight decline to fill the previous candle and the high take us back to 36 or more if it tests a new high. On watch for a breakout.
$4.45 to $27.77 since I first mentioned it on Friday QMCO🚨 HUGE +525% from $4.45 to $27.77 since Friday! 📈 NASDAQ:QMCO
🎯 3 Buy Alerts sent to our members along the way at $7, $10 and $18 today
👀 See chart I posted on Friday while it was still at $8
A lot of other stocks getting triggered right now from this move as well
Quantum Corporation stock in good hands Quantum Corporation is a data storage and management company headquartered in San Jose, California. The company works with a network of distributors, VARs, DMRs, OEMs and other suppliers. From its founding in 1980 until 2001, it was also a major disk storage manufacturer, and was based in Milpitas, California.
last April there was a buying rush around this price
QMCO Long PositionThis is not advice, this is strictly for practice purposes. I have built up to 85 shares, while buying in the $8.15-8.50 area. I will cut this thing loose if we close under 8 on the weekly. It's held relatively well the last few days above the breakout zone of 8.15.
Inverse head and shoulders has formed throughout the years. Easily identifiable in the monthly chart. I'm looking to hold for 1-2 months time, while selling 5-10 shares each time it hits these price points (black lines).
QMCO Long~Solid state battery ~
Quantum Corporation provides management, storage, insights, classification of unstructured data. The company works with a network of distributors, VARs, DMRs, OEMs and other suppliers. From its founding in 1980 until 2001, it was also a major disk storage manufacturer, and was based in Milpitas, California.
