Sep. 10 at 3:48 PM
$QMLS
(QumulusAI) is bouncing from a multi-week base on the daily chart:
• Structural Intersection: After the post-listing collapse from the
$20–
$30 region, price compressed near the
$6.00–
$7.00 zone. Today’s surge is the first real expansion off that floor, with the TI Wave structure starting to stabilize.
• Key Support Zone: The
$6.20–
$6.50 area is the demand floor. A sustained hold above
$7.00 keeps the short-term recovery intact.
• Asymmetric Projection: With risk defined against the
$6.20 base, a continued hold above
$7.50 opens a measured path toward the
$9.50–
$10.50 resistance zone.
Fundamental Context:
Shares are reacting to the deployment of NVIDIA Blackwell B300 capacity at the Philadelphia colocation site, activating an
$18M, two-year take-or-pay agreement announced in July. That turns a previously announced contract into live GPU revenue.
Small-cap AI infrastructure name coming off a deep drawdown. Structure first.
$6.20 is the line that cannot be lost.
NFA / DYOR
