QNT Update (Quant)
Quant has just broken out of a textbook cup and handle pattern on the daily chart, a bullish structure that often signals the start of a strong move.
The neckline resistance near $124 has been breached with solid momentum.
If the breakout holds on a daily candle close, the next major target could be around $245, that’s nearly a 100% move from the breakout zone.
This could mark the beginning of a larger bullish trend. Watch for a potential retest of the $124 level, if it flips into support, QNT may be on track for a powerful rally ahead.
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