QLT: temporary correction
A price action below 2560 supports a bearish trend direction.
Crossing below 2520 will support further bearish strength.
The target price is set at 2400.
The stop-loss price is set at 2670.
Downside price momentum also applicable.
Remains a risky trade as the price action is against the general upward trend direction of the incliig channel patter.
Crossing below 2520 will support further bearish strength.
The target price is set at 2400.
The stop-loss price is set at 2670.
Downside price momentum also applicable.
Remains a risky trade as the price action is against the general upward trend direction of the incliig channel patter.
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