savepiginvest

QuantaFuel trading at last relevant support – mind the gap

OSL:QFUEL_ME   None
Quantafuel executed an extremely successfull round of financing after strong newsflow, but is currently trading at last relevant level of support.

Note the volume profile in the chart.

Investors could try a new long position at this price level, but should have a keen eye on risk management. Or do the safe choice, and wait to see if the stock bounces.

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.