Zooming out on
$QNT , a key question arises: is the asset in trouble or does it offer an
#opportunity ?
Clearly,
#Quant is not bullish and seems to be in trouble, given its poor performance over the last few years.
However, we could see a big
#range between $151 and $87, with two fakeouts. This is best observed with our Pivot Identifier (BPI) tool. In this case, we'd be at the bottom of the range, which is often a good time for medium/long-term buying.
In addition, the Supreme Vision (BSV) indicates an
#accumulation zone, and signals have been given in the past on current levels.
#blockunity