The restructuring of one of Quinstreet's long held clients, Dream Center Education Holdings, seems to have brought the price down this far to $13.16. However, revenue in other verticals including insurance, credit cards, personal loans, banking, and home services grew at double and triple digits YOY. Earnings estimates reflect this optimism with 0.16 and 0.19...
Breaks out of its resistance, on high volume (3x the 50-day average).
Retraces back to breakout level on lower volume (less than 50-day average).
Now price needs to bounce off this level and start a new uptrend to be a complete #textbook #breakout.