Current QVX reading: LONG with moderate conviction.
Entry zone sits at the 80126.04 support, where a pullback would offer a favorable risk-reward. Stop-loss below 79900, targeting resistance at 81951.0. Position sizing stays limited given recent stop-out. Large-holder accumulation cited in news supports the bid, though QVX does not trade on headlines. Waiting for price to confirm the retest before committing capital. 📊
Stay disciplined.
Entry zone sits at the 80126.04 support, where a pullback would offer a favorable risk-reward. Stop-loss below 79900, targeting resistance at 81951.0. Position sizing stays limited given recent stop-out. Large-holder accumulation cited in news supports the bid, though QVX does not trade on headlines. Waiting for price to confirm the retest before committing capital. 📊
Stay disciplined.