🐋 $QNT is on its 5th consecutive down day (currently -1.07% today), with a cumulative decline of -16.48% over this period.
After so many consecutive down days, most positions entered at higher levels are now underwater, and stop-loss orders are gradually coming in. The down streak usually ends when big investors are willing to buy at lower levels. Watch for lower shadows and bullish candles on rising volume.
After so many consecutive down days, most positions entered at higher levels are now underwater, and stop-loss orders are gradually coming in. The down streak usually ends when big investors are willing to buy at lower levels. Watch for lower shadows and bullish candles on rising volume.
