$QRTA Reached its Price Target #ChartPatternI've alerted to this setup few days ago here. Today, ascending triangle breakout price target has been reached.
QRTEA trade ideas
#QRTEA Forming 2 Months #Ascending #Triangle #ChartPatternokay, last chart for the night! NASDAQ:QRTEA looks pretty coiled on this ascending triangle chart pattern. if you by the breakout, make sure you take profits around $12. Strong resistance there. Nice setup with the breakout clearing 3 major inflection points (ascending triangle resistance, 200 day MA, and round number $10).
$QRTEA - Ascending Triangle breakout - Potential target $10.50Need a but more volume on breakout to push it further, I see it can easily hit $10.50 in next few weeks.
Stop loss can be placed at $9.
Qurate Retail LongMixed signals on this ,
Primary wedge ( white ) got broken but failed to rally due to lack of buyers, Head and shoulders pattern created from a secondary impulse up after break out , sending us to lower levels, secondary descending channel has been created where price consolidates in at the moment,
RSI on Daily shows class A bullish divergence, I was originally long on this and will be for as long as RSI confirms it.
[QRTEA] phase 2 -> Buy!The price broke important resistant in 23- If the price breaks again the resistant (and you see a high volume!) You should buy!
Right time to short QRTEAPrice closing below middle bollinger band, the MACD is showing bearish signals, previously QRTEA was overbought, so it makes sense it will go down.
This stock is below the 200 moving average, just closed below its 50 moving average, and the 10-day moving average is crossing up the 5-day moving average, all of this adding up to this market correction makes it a perfect time to short this stock.
