Rsi & Stochastic show us that QS is in a overbought area. Price has been rejected at one important resistance level. In this week, we 're expecting a pullback to the new support zone created after the breakout of its channel that will be our entry point for a long position.
Entry Price: $ 32.53
Take Profit: $ 40.58
Stop Loss: $ 29.47
NOT FINANCIAL ADVICE
Blue Lines - Support / Resistance lines price action has bounced off of multiple times during the last bullion
Yellow lines - freehand lines trying to predict breakout to upside on Sunday or not
red line - purchase price
green line - breakeven from fees
Finding dual support on the daily through a support channel and daily key support level. We can see strong pivots from this support.
TP and retest at 1.98000.
Please let me know your thoughts and ideas. Thank you!
