QNTM Momentum Entry for Long-Term Wealth Building

A brief for my mentorship members on how to trade momentum for long-term wealth. The overarching strategy here is that when something in your sectors/industries (should be in a watchlist) catches your eye because of a significant movement, you immediately use Fib retracement to find a solid entry/retrace.

In the case of QNTM I noticed a significant price spike on Tuesday and used the strategy to secure shares around $5 with the intention of holding for long-term share price appreciation.