$QNT na 281.6. Key question: will the price hold above the support level 274 after a -2.8% pullback over 5 minutes?
Volume x5.16 confirms there is still active interest, but the price is below VWAP 292.4. ADX 17.1 indicates the trend is weak, meaning the momentum may fade.
Watch this area to track the reaction at the 274 level. Losing it will change the scenario, while holding it will refocus attention on resistance at 307.
Volume x5.16 confirms there is still active interest, but the price is below VWAP 292.4. ADX 17.1 indicates the trend is weak, meaning the momentum may fade.
Watch this area to track the reaction at the 274 level. Losing it will change the scenario, while holding it will refocus attention on resistance at 307.
