any thoughts if $3.2 mark will hold next week?, page-2

hi humble,

short of a major crash hitting us over the weekend, QAN is virtually guaranteed to hold above $3.20 next week. in fact, it's very likely to climb back up over $3.50 in the next week or so.

since the recent $3.50+ high, QAN has traced out a corrective flat, and within that corrective flat, has traced out a downward-sloping ending diagonal over the past 5 days. the ending diagonal is just about done. now QAN will be heading up, most probably in an impulsive structure, to above $3.50.

if QAN even pokes its nose under $3.20, then all of the above is wrong. but until then, expect QAN to head skywards.

regards,

ultrafart.