$QNT During the day it wasn’t that nothing happened—it was after the surge while digesting. The daily line high is around 195; now it’s back to the 160–167 area. Volume is still there, but it has shifted from a straight-line breakout into profit-taking/redistribution. Don’t use the early-session playbook anymore for the night session: “if volume spikes, chase.”
When it retraces, do you still dare to support it on reduced volume for 1 hour? If it breaks again near the day’s low, then this move should be considered over for now.
If volume is there, the pullback is rotation/turnover. If volume is gone, then it’s like drifting around all day.
Are you waiting for structure, or have you already boarded the train? Not investment advice.
When it retraces, do you still dare to support it on reduced volume for 1 hour? If it breaks again near the day’s low, then this move should be considered over for now.
If volume is there, the pullback is rotation/turnover. If volume is gone, then it’s like drifting around all day.
Are you waiting for structure, or have you already boarded the train? Not investment advice.
