Shwayze

SLQT Pivot point, looking for confirmation from candlesticks

Long
NYSE:SLQT   SelectQuote, Inc
Recent IPO SQLT has crashed from it's opening share price of $20/share - which actually went on to open at $26-$28 the first day of trading, for several weeks, until it crashed to it's recent low, around $15.80. This was met with strong resistance, and a bullish candle formed, with a large amount of volume , signalling a potential reversal of the market. The stock price has been consolidating at this new level, and we must wait for confirmation of another signal before making any moves.
Comment: Strong bullish candle developring, looking for large volume


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