Frogtoppleless

$QTRX Swing trade idea

Long
NASDAQ:QTRX   Quanterix Corporation
this stock has been in a up trend every time it pulls back to the 50 day SMA it has broke and headed north this stock has pulled back to the up trend line if it breaks the down trend line and closes above this could push up to 62.48 area at its 1.618 fib ext. with a stop of a break below the 50 day and close below or break below the up trend line that it has respected pervious. the chalk and money flow is pushing higher as the stock is sitting on the up trend line and it has put in a bullish reversal candle.some areas to watch for resistance at 47.34 area and 52.80 its all time highs this would be a great first profit target. stay safe trade with out buyest and try to look at both sides of the trade this will allow u to stay open minded.
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.