Gains with QNT tend to get erased in a short time.
Why?
Because there is always LOTS of sell pressure as we go up.
Why?
Because the hype of the previous rally (not the latest one), made people buy in at $250 - $300+.
They wanna exit at break even or small gains.
Also I believe a lot of QNT is in the hands of the wrong holders.
11
