High conviction breakout forming into second major trend channel
QTRH / QTRHF has reclaimed bottom trend channel. Also at major convergence point of two key trend lines.
It has been consolidating support at the 2.80-2.90 level.
Short term target of $4. Opportunity to build position at this point. Get aggressive short term if stock closes above $3.
A Break and hold above $4 is key support / resistance level for a parabolic move linked to this idea.
Low risk, high conviction setup.
It has been consolidating support at the 2.80-2.90 level.
Short term target of $4. Opportunity to build position at this point. Get aggressive short term if stock closes above $3.
A Break and hold above $4 is key support / resistance level for a parabolic move linked to this idea.
Low risk, high conviction setup.
