QNT falling out of fib channel, could signal a trend reversal
QNT has been ranging in this channel for some time, bouncing nicely.
Daily now looks quite bearish, and it broke below the lower fib support for the first time since entering this range.
Currently testing the 200MA.
Low volume means it can be quite volatile so maybe there will be a large bounce
Daily now looks quite bearish, and it broke below the lower fib support for the first time since entering this range.
Currently testing the 200MA.
Low volume means it can be quite volatile so maybe there will be a large bounce
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