See how the Double Bottom is playing out for Q. View live chart.
Reversal pattern after a downtrend.
Technical analysis of Qnity Electronics (Q) reveals a significant setup. The stock is trading at $135.06, down 2.6% on the day. Price action has carved out a classic Double Bottom. This setup is supported by average volume turnover. A potential breakout level is identified at $177.28, targeting $225.47 with support near $153.18 (R:R 2.0).
What is your outlook on Q?