QI has been range bound since Jan 2022 between $.04 and $.08 and tested support for the 5th time now and may rise to retest strong resistance at $.08. Price has hit resistance 5 times and failed and also hit support 5 times and bounced. The last support test was 2 days ago and now is trying to move higher. The oscillator started to increase rapidly on March 15th and crossed above the zero line and then price has come back down. Now the oscillator is curving back to the upside and if price can hold here then rise above the 20 DMA then there is a chance price can retest the $.08 resistance. If you would like to learn more about our Proprietary Oscillator please DM me. Thanks and as always Good Luck Trading!
