Digging into QNT's run: QNT put in another outsized day, up 18.81 percent. It's still in an uptrend, and the last move from 287.35 dollars to 292.13 dollars adds another 1.66 percent just in the most recent window. Volatility is top of the…
QNT put in another outsized day, up 18.81 percent. It's still in an uptrend, and the last move from 287.35 dollars to 292.13 dollars adds another 1.66 percent just in the most recent window. Volatility is top of the board. But funding on QNT is negative, with positioning not notably crowded, and resistance just overhead at 296.39 dollars. If this stalls below that, you're looking at a potential fade; clear it, and it's a sign bulls are still in control.
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