Looking for correction on $QTMM

Healthy correction to the .5 or .618. These would hold the EMAs and allow for the stock to bounce to the next resistance point around .15 (.786 of wave 3). If it can hold up on the resistance point and consolidate then it should get the volume to run up to the 1.0. This is the first wave, so it is hard to tell whether this stock will pump and dump or possibly have longevity.