Great set up identified.
A long down trend is ended and the trend is turning upwards after 3 bottom.
Detected with the screener DRB Detection Rush Boursier
QUAD has been in a long-term downtrend until recently. The gap was a Breakaway Gap, which seldom fill. The Shift of Sentiment™ on TC2000 Balance of Power Indicator not only shows High Frequency Traders’ presence, but also Dark Pool Quiet Accumulation.
$SPY $SPX $VIX Everytime the daily gets one if these candlesticks it drops hard, VIX bottomed at 11 and quad witch day is over, what will Monday bring?
But then I was all... " Maybe.... cost cutting is happening, they're diversifying, and have plenty of credit. Why's the stock plummeting...?" But really, almost 8% in a day?, And what's going to happen if they cut that dividend?
