QLC tells me there’s a lot of downside yet to come. It broke through the 50MA and now acting as resistance. The 200MA if tested could hold support and with confirmation, it’s holding then entries are fine to take.
- Price below the mid-BB line and acting as resistance. - STORCH extremely oversold. - MACD negative but sell pressure declining.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.