On the monthly timeframe, 
QNT is looking strong. Price recently broke and closed above the long-term resistance trendline and is now sitting just below a key resistance zone.
If bulls push it through this zone and we get a confirmed close above, the path toward $200, $250, and beyond opens up.
I’m keeping this on my watchlist and monitoring closely for a breakout confirmation.
Do you think QNT will break this level on its first attempt, or will we see a pullback before the next leg up?
QNT is looking strong. Price recently broke and closed above the long-term resistance trendline and is now sitting just below a key resistance zone.If bulls push it through this zone and we get a confirmed close above, the path toward $200, $250, and beyond opens up.
I’m keeping this on my watchlist and monitoring closely for a breakout confirmation.
Do you think QNT will break this level on its first attempt, or will we see a pullback before the next leg up?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.