May. 8 at 4:09 PM
$QMCO 👀
Now THIS is how a breakout starts.
From
$7.50 → nearly
$10 in one move… and the structure is still improving.
The Technicals:
✅ Descending trendline breakout confirmed
✅ Volume expansion validating the move
✅ TTM Squeeze turning positive
✅ RSI pushing back into momentum territory
✅ Higher lows + higher highs forming
✅ Shorts under pressure with 14% short float
This chart spent MONTHS building a base while nobody cared.
Now momentum is waking up fast.
Key level reclaimed:
$9
Next major resistance sits around
$14–15.
Low float + expanding volume + breakout structure = dangerous combination.
