Hello Traders,

QNT has just recover from its corrective move lately and already on a reversal. Its jumped out from a descending channel and turned major resistance at $186.7 into major support. MAs supported and based on Elliot Wave Theory QNT seems to about moving on its 3rd wave. A decent pump is expected. Lets see how QNT goes.

Buy: $180-$205

TP1: $249
TP2: $287
TP3: $344
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