QRDO CUP & HANDLE 2HOUR+ TA

Some evening TA for ya'll!
Not personally in on this one (but wish I could be!)

Chart is pretty self explanatory

Ascending channel to be aware of

Two triangle flags for both cup handle and the lower ascending channel line

Three outlooks, a bullish, neutral, and bearish

As this is a cup & handle formation, the bullish outcome is generally anticipated by the market

NOT FINANCIAL ADVICE. DO YOUR OWN RESEARCH. EDUCATIONAL PURPOSES ONLY.

Comment:

Even more bullish than I anticipated with all that accumulation between $2.4 & $3, But that is never a complaint!

Swing traders may wish to close their trades. Long-term the QRDO has good fundamentals and backing.

NOT FINANCIAL ADVICE. DO YOUR OWN RESEARCH. EDUCATIONAL PURPOSES ONLY.