TraderEye Market View: The QLTU share is on the verge of breaking a technical pattern

Monday, September 2, 2024

The QLTU share is on the verge of breaking a technical pattern

The QLTU share traded on the Tel Aviv Stock Exchange in Israel, on the verge of breaking a W type technical pattern, breaking the 15,143 level may be a trigger for a continuation of an upward move. A drop below the price of 14,000 will require a re-examination of the stock.

The company is engaged in the development, production and marketing of testing equipment for the semiconductor industry.

Attached is a daily graph of the QLTU stock indicating the technical pattern and support and resistance levels.

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