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Is QMCO gaining bullish strength? MACD Bullish Centerline Cross shows up after gaining 0.69%
On Thursday, August 6th, QMCO moved up 0.69% while volume shrunk to 0.7× the usual levels. Mixed technical signals appeared with MACD Bullish Centerline Cross suggesting upside potential, while 50 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 11.08, 10.51 & 9.95, with resistance at 12.21, 12.77 & 13.34.
Current SwingTradeBot Technical Rating of QMCO: C
There’s more where that came from. See all of today’s signals for QMCO here.
Read full article here »