The Qs could face a significant test in the coming days, will it hold above our 366 price level at the 50 DMA & potentially flip 373 as support? Or is a retest of 349 coming?
So far on our indicators, we are seeing a MACD flip bullish & the stochastic RSI gain strength
However we did experience a significant correction this morning after topping out at 373, this price action tells me we could be in trouble for the short term
We will be paying close attention to price action within our descending channel illustrated above
So far on our indicators, we are seeing a MACD flip bullish & the stochastic RSI gain strength
However we did experience a significant correction this morning after topping out at 373, this price action tells me we could be in trouble for the short term
We will be paying close attention to price action within our descending channel illustrated above