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$QTJL | ($QTJL) Investment Analysis and Advice (QTJL)

By Thomas Kee

$QTJL | ($QTJL) Investment Analysis and Advice (QTJL)

The technical summary data tells us to buy QTJL near 31.76 with an upside target of 32.71. This data also tells us to set a stop loss @ 31.67 to protect against excessive loss in case the stock begins to move against the trade. 31.76 is the first level of support below 32.5457 , and by rule, any test of support is a buy signal. In this case, support 31.76 is being tested, a buy signal would exist.

The technical summary data is suggesting a short of QTJL as it gets near 32.71 with a downside target of 31.76. We should have a stop loss in place at 32.8though. 32.71 is the first level of resistance above 32.5457, and by rule, any test of resistance is a short signal. In this case, if resistance 32.71 is being tested, a short signal would exist.

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