Hi all, we are approaching the top of the long-term supporting channel. While this is the top of the channel, I think this will serve as the lower bound of a new channel for the Q's. Reason being, the pandemic has accelerated the adoption of technologies and so we wouldn't expect the price to fall to the old (pre-pandemic) growth rate.
Please note that this buying opportunity is still speculative to this point. We would ideally want to wait until the new channel is proved, in which we see higher highs and higher lows above the long-term channel.
Please note that this buying opportunity is still speculative to this point. We would ideally want to wait until the new channel is proved, in which we see higher highs and higher lows above the long-term channel.