QYOU (44%) Cup and Handle Pattern

18 במאי 2021

Taking a look at QYOU.CA on the 1 day time frame we see a cup and handle pattern forming. Entry point is at $0.335 and take profits at $0.48 (last resistance). Look for re-entry if breakout past $0.48 and new support forms.

Cons:
Price below 10EMA
Price not quite above 50EMA
MACD Descending and challenging negative area.