QVX price-volume analysis points SHORT.
Entry on a rally into 83,606.01 resistance, where prior supply and declining volume converge. Stop above 83,900. First target 80,393.56 support; secondary target near 79,800 if momentum persists. Risk per position capped at 0.75% of equity. Current price 81,514.00 sits mid-range, so no chase; wait for the retest. Nasdaq down 1% and OpenAI revenue miss reinforce weak risk appetite, but QVX held a SHORT bias before the headline. Stopped out earlier; re-entry only on confirmation. 📉
Entry on a rally into 83,606.01 resistance, where prior supply and declining volume converge. Stop above 83,900. First target 80,393.56 support; secondary target near 79,800 if momentum persists. Risk per position capped at 0.75% of equity. Current price 81,514.00 sits mid-range, so no chase; wait for the retest. Nasdaq down 1% and OpenAI revenue miss reinforce weak risk appetite, but QVX held a SHORT bias before the headline. Stopped out earlier; re-entry only on confirmation. 📉