Inverse head and shoulders spotted on the daily time frame. Currently retesting the neckline @ $1.85. Waiting for bullish momentum/volume to enter this trade. Price is currently below the 50 SMA.
Take profit: $3.92
Stop loss: $1.70
Quantum-Si NASDAQ:QSI , develops access to the proteome with single-molecule analysis and democratizing to researchers & clinicians
Also, "is the world’s first-to-market provider of protein sequencing instruments with core technology based on proprietary time-domain sequencing that enables resolution of amino acids during experiments".- Ark Invest
The stock is...
If you haven`t bought the Double Bottom on QSI:
Then it seems that there is a potential reversal from this level.
Earnings were a beat, but too small to justify the recent breakout.
The Elliot Waves chart pattern indicates a price target of $2.93.
Looking forward to read your opinion about it!
If you haven`t bought the Double Bottom:
Then you should know that QSI, Quantum-Si incorporated, also known as The Protein Sequencing Company is bringing single-molecule protein sequencing to every lab, everywhere, enabling new discoveries that will transform the world we live in.
Importance of Protein Sequencing:
- Understanding Cellular Processes: Proteins...
If you haven`t bought the Double Bottom here:
Then I'll try an explanation why QSI Quantum-Si incorporated is so Bullish right now!
QSI is a protein sequencing company, which could be revolutionary, similar to the gene sequencing stocks.
Quantum-Si Incorporated is dedicated to developing a protein detection platform that enables Next Generation Protein...
Hi Folks!
The bulk of my idea is noted on the chart. I want to also note that volume has cooled down from the 10 day avg during this consolidation. I'll watch to see if it increases to prepare for a move to the upside.
I hope this helps anyone and thank you for your time!
Happy Trading!
OnePath
Quantum-Si (QSI), currently trading at $1.55, presents an intriguing growth opportunity with the potential to at least double in value. Several factors contribute to this growth thesis:
Disruptive Technology: QSI's technology has the capability to revolutionize the discovery of new diagnostic tests and pharmaceuticals through digitization. By leveraging AI and...
QSI started the reversal I was mentioning here:
Quantum-Si incorporated, a life sciences company, develops a single molecule detection platform for sample preparation and sequencing.
QSI is heading to the next resistance, $2.52, which I think is the price target of this stock for now.
Cathie Wood`s ARK Invest is the biggest shareholder with an Estimated...
Along a final line of support @ $7.85.
Triple classic bullish divergence on the daily MACD and classic bullish divergence on the daily RSI too.
Should get a nice bounce but will keep an eye out for more of a reversal too.
Stop = Candle close below support
It seems that not only Kathy Wood was buying QSI last times. It looks like other big guys are also quietly buying and not selling.
Holds the support level well. Made cup and handle (or Vbottom, right extention) pattern on the hourly timeframe.
Watching this closely for a long swing.
