QuinStreet $QNST Stock Does Triangle Breakout

  • Post category:Stock Trading
  • Reading time:2 mins read
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QuinStreet $QNST stock has formed a Triangle breakout chart pattern as of January 2, 2023. There is also a bullish flag breakout pattern. The stock is in a technical strong uptrend.

Quinstreet stock chart on January 2 2023 with Triangle breakout pattern and a positive MACD and positive money flow
Quinstreet stock chart on January 2 2023 with Triangle breakout pattern and a positive MACD and positive money flow

In the longer-term weekly time frame, $QNST stock has done a downtrend channel breakout and trend reversal.

Quinstreet stock chart on January 2 2023 in the weekly time frame showing a downtrend channel breakout and now trading in an uptrend channel
Quinstreet stock chart on January 2 2023 in the weekly time frame showing a downtrend channel breakout and now trading in an uptrend channel

QuinStreet Price Target Raised at Barrington

QuinStreet’s price target was increased by Barrington analyst James Goss on November 11, 2022, from $14 to $17 while maintaining an Outperform rating for the stock. According to the analyst, the company will profit from a recovery in the insurance industry and a rise in home services.

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