$QNT Breakout above the 24-hour high: current price 203.38, previous high 201.66.
After the breakout, two things are key:
· Can the previous high of 201.66 turn from resistance into support (holding on a retest)?
· Was the breakout accompanied by volume? Breakouts on declining volume often turn into bull traps.
Do you think the market has fully reacted?
#QNT
After the breakout, two things are key:
· Can the previous high of 201.66 turn from resistance into support (holding on a retest)?
· Was the breakout accompanied by volume? Breakouts on declining volume often turn into bull traps.
Do you think the market has fully reacted?
#QNT
