Descending Triangle forming on QYOU

٢٣ يونيو ٢٠٢١

Initially investors believed a cup and handle formation was forming on QYOU. Amazon news was dropped at an opportune time on the handle but seemed to fall on deaf ears and began forming a descending triangle.

٧ يوليو ٢٠٢١

ملاحظة

Bearish signal confirmed. Break below 0.33 support. Next support level near 0.285