$QNT — I told you, don’t rush into a short. 👀
Yesterday, QNT was around $150 and now it has pushed all the way toward $375. The news sparked massive momentum, but the speed of this move is exactly why I wanted to wait instead of chasing a short.
These levels could be near an exhaustion zone, but I’m waiting for one more candle for confirmation.
If we get a clear rejection, that’s when I’ll start watching the downside setup. Do your own research.
Yesterday, QNT was around $150 and now it has pushed all the way toward $375. The news sparked massive momentum, but the speed of this move is exactly why I wanted to wait instead of chasing a short.
These levels could be near an exhaustion zone, but I’m waiting for one more candle for confirmation.
If we get a clear rejection, that’s when I’ll start watching the downside setup. Do your own research.
