My team of traders point out that QuinStreet, Inc. (NASDAQ: QNST), the owner of an expansive network of informative websites, just had a bearish wedge breakdown.
Wedges are reversal patterns that motion a trend change within a narrowing range.
My team believes this bearish technical signal indicates the company’s share price may decline up to 9% over the near-term.
Consider going short or buying puts on QNST today.
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