**QMCO** Quantum Corp stock, watch for a top of range breakout.
Breakout trade
* WATCH for possible breakout above 25.71
* Target: 30.75, 23.3% Stop: 23.08 Loss: 7.5%
* P/L ratio: 3.1 : 1 - Excellent
BULLISH
* \[Timing\] Strong bullish 3 day candlestick pattern with Strong 3 day accumulation.
* \[Timing\] Breakout trade watch above 25.71, no resistance in area just above.
BEARISH
* \[Positioning\] Overbought, odds favor short trades.
* \[Positioning\] Intermediate trend possibly bearish, Uptrend turned sideways, may continue or pullback.
* \[Positioning\] at resistance
[QMCO Quantum Corp stock chart](https://preview.redd.it/j219op7db7qh1.png?width=1224&format=png&auto=webp&s=346f72885dffd6fece4a44a5fa27c61e06e4d459)