A quick note for the record | Oct 17 $QNT
The daily chart has posted 7 straight bearish candles, down 19.09% in total over the past few days. The current price is 200.45, down 0.14% since today’s open.
I’m noting this mainly so I can look back and see what happens when the losing streak is broken: will it be a high-volume bullish candle, or a small, low-volume one that barely manages to catch its breath? The follow-through often looks very different in each case.
Follow for timely updates on unusual moves.
The daily chart has posted 7 straight bearish candles, down 19.09% in total over the past few days. The current price is 200.45, down 0.14% since today’s open.
I’m noting this mainly so I can look back and see what happens when the losing streak is broken: will it be a high-volume bullish candle, or a small, low-volume one that barely manages to catch its breath? The follow-through often looks very different in each case.
Follow for timely updates on unusual moves.