QLC parallel channel

QLC bounced of lower trendline and showing potential to continue moving upwards despite the fact that it has a lot of resistance above. That is not the most obviouse trade and so I won't be investing more than 5% of my balance into it but I still expect ~25% profit at least in midterm. It has very little time till breakout. Once happen we will see the future =)

As you can see on daily chart price is now at most volume occumulated area. If sellers will let the price through it it will pump.

Kommentera:

It was a fantastic breakout. Price bounced of channel border and went back but didn't cross the middle line, so we may expect it to continue growing after consolidation.

Kommentera:

Get ready to rock'n'roll with a new wave of QLC. Bright future ahead and good profits for holders.