QYOU MEDIA INC
Long

QYOU (44%) Cup and Handle Pattern

94
Taking a look at QYOU.CA on the 1 day time frame we see a cup and handle pattern forming. Entry point is at $0.335 and take profits at $0.48 (last resistance). Look for re-entry if breakout past $0.48 and new support forms.

Cons:
Price below 10EMA
Price not quite above 50EMA
MACD Descending and challenging negative area.

Disclaimer

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.