QCLN target entry $72
Great fund, love EVs, and it's paid out handsomely by just buying the dip and following prudent stop losses.
Short term pullback doesn't have a support line now until $71.84 right near the .786 FIB and looks like a logical bounce point.
M top for now, expecting bottom in 1-2 more trading days
Watching for reentry near $72, expecting resumption of uptrend soon after
Exited most of my longs at the end of the year.
I ended up giving back about 1/2 of my gains on paper by keeping some into this year so far.
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
Short term pullback doesn't have a support line now until $71.84 right near the .786 FIB and looks like a logical bounce point.
M top for now, expecting bottom in 1-2 more trading days
Watching for reentry near $72, expecting resumption of uptrend soon after
Exited most of my longs at the end of the year.
I ended up giving back about 1/2 of my gains on paper by keeping some into this year so far.
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
Comment:
Note the negative divergence on RSI. I think we get one more small down swing, the up we go.
Updated Price target $76 - .618FIB