Impulse Wave 1 nearly hit. This is my view on QES, Lets compare your view on this stock.Tq
Super long-term long, Long-term Short, Medium-term long, Daily swing short. 12345 impulsive appears to have been completed. Now we are in A (leading diagonal), pending a breakout to B and final corrective to C. Please like and comment if you find this idea useful.
21-04-2021 Counter : QES Sector : Wholesale distributor - Uptrend position, just finish retracement - AHP Bat pattern show price can go up to 0.670, already past the resistance at 0.580 but required to breakout resistance 0.650. - MACD above 0 and in uptrend position - nearest strong support at 0.520 - Good smart money momentum - Nearest resistance at 0.650
Try to combine BAT in Symmetrical Triangle in this setup. Hourly TF for shorterm only. #TAYOR MYX:QES
After bouncing twice at strong support of 0.725, volume just started to enter and QES is next trying to test the nearest resistance (R1) at 0.790. It is expected that price will climb further to the next resistance (R 2) at 0.845 if price manage to penetrate the R1 tomorrow. We will QES performance this week!
May have just completed Correction Wave C, let see what will happen next. Just in today hope will go up. TAYOR
QES assume will follow it PAT for 21Q2. Profit reduced about 44% , should the price to follow suit soon , we don't know. If break the up trend line will find box below but if break the dtl will find the box above. monitor. TAYOR BAYOR DAYOR YOR
hammer candlestixk appear when touch the lower trendline TP 0.990 / 1.00 CL - below lower trendline #study purpose only #notbuycall
Based on the price action movement, there is a high possibility that QES will test the near resistant level in the near term. TAYOR!
Disclaimer: Analysis based on my experience and not a buy call recommendation. Trade at your own risk.
QES seems like making rebound @ 0.795 High confluence: i. price rejected at low volume node ii. fibonacci retracement level - 0.382 iii. previous higher high Disclaimer: This is intended to be used and must be used for technical analysis education purposes only. Trade at your own risk.
1. Weekly TF show major uptrend (yellow line) 2. In 30m TF found Diamond Up ABCD pattern and point B near to 38.2% 3. My Trading Plan if breakout from point B is my EP and CL at point C 4. Using Fibonacci retracement point B-C to get point D at 224% for my 1st target. #smtm #StopLimit MYX:QES
QES Rst: 0.89 Spp: 0.835 May face continued pressure albeit reaching important support at Fibo Ext 161.8%, as MACD just casted 2nd wave of bearish crossover.
QES already reach wave 5? Monitor if it is able to make a new high and will retrace soon. Disclaimer: For study purposes