$QNT breaks below the 24-hour low: current price 188.18, previous low 188.82.
After the breakdown, watch two things:
· Whether the previous low of 188.82 turns from support into resistance (price fails to reclaim it on a rebound)
· Whether volume expands during the break; a low-volume break may be a false breakdown
If it were you, would you act or sit on the sidelines?
After the breakdown, watch two things:
· Whether the previous low of 188.82 turns from support into resistance (price fails to reclaim it on a rebound)
· Whether volume expands during the break; a low-volume break may be a false breakdown
If it were you, would you act or sit on the sidelines?
