Technical analysis by Miketubarao about Symbol QNT: Buy recommendation (12/11/2024)

QNT is showing good strength to continue climbing up, the momentum is shifting to bullish in the monthly timeframe with moneyflow increasing, if it closes a weekly candle above $152 will signaling a reach for higher prices. The target is situated between point of control and value area high from last bull run with fibonacci retracement levels from the top and a weekly level.TARGET: $280 to $354 up to (+167%)