QTNT Breakout Stock Sell Alert

BREAKOUT STOCK SELL ALERT
$QTNT - Quotient Limited - Ordinary Shares
Initial Alert Price: $6.24
Price High: $5.03
% Gains/Losses: -19.39%
(-38.07% Less Than Expected)


QTNT opened up lower after the company reported 3Q Earnings with a $0.29/Loss per share, although the company's Net Loss narrowed, it saw gains in Revenue and the company reaffirms 2021's outlook moving forward. Due to the fact that the stock is currently is below our 10% Sell Threshold, we are currently closing this trade alert as we hoped to see the stock rebound but it didn't see the volume and momentum to do so.

And just to confirm, this trade alert did provide a 5% gain at it's high, but could not find the strength to breakthrough the $6.36 Price Levels of Resistance. We currently will not being adding this stock to our watchlist moving forward.
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