Quant (QNT) to $260On the above weekly chart price action has corrected 50% since the sell signal (not shown) on October 17th 2022 at the apex of ascending symmetrical triangle. A number of reasons now exist to be bullish, including:
1) A strong buy signal (not shown).
2) The weekly Dragonfly DOJI candle. One of best found so far in recent months.
3) Stochastic RSI crossing up 20 (red circles). Look left.
Is it possible price action alls further? Sure
Is it probable? No.
Ww
Type: trade
Risk: <= 6%
Timeframe: Donβt know.
Return: $260