$QNT is currently trading at 109.11, near the upper Bollinger Band at 109.14.
This proximity suggests potential overextension, indicating a possible reversal.
The lower Bollinger Band at 106.85 aligns closely with crucial support at 106.41.
With daily volatility contracting, traders should prepare for potential breakout opportunities.
Consider placing a stop-loss slightly below support at 106.30 to manage risks.
Recommended action: set alerts and wait for confirmation before entering new positions.
