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Narrow Range Bar appears for QMLS after 2.99% move
On Friday, August 7th, QMLS moved up 2.99% while volume shrunk to 0.4× the usual levels. The session formed a Narrow Range Bar, often signaling a possible continuation. Key support levels exist at 6.01, 5.81 & 5.62, with resistance at 6.39, 6.58 & 6.77. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of QMLS: F
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