Top Volume Stock Analysis (SG Market) - QT Vascular

QT Vascular (5I0):

More Upside
The stock got a boost today after US Court of Appeal do not permit the enforcement of the trial court's judgement as QT Vascular pends for appeal.

The huge volume potentially signals short cover or short-term buying interest. And with the 1 month high volume today, QT is likely to trade towards its next resistance at S$0.117. If successfully broken, the next target will be S$0.140.

*Personal View, Disclaimer Apply

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