$BR JUST BROKE $0.52 — NOW THE NEXT LEVELS ARE CLEAR
BR based around $0.3886, broke $0.52, and then accelerated to $0.6577 with $5.66M turnover.
Now there are three levels I care about:
$0.60–$0.62 holds: the breakout is being defended. A move back through $0.6577 puts $0.70 in play, then $0.75 if momentum stays strong.
$0.60 breaks: the first breakout support is gone. $0.52 becomes the next test. That's the level that decides whether this was a real expansion or just a spike.
$0.52 breaks: I wouldn't keep treating dips as bullish. The next meaningful area is $0.41–$0.39, where the move actually started.
So from here:
Hold $0.60 → $0.6577 → $0.70/$0.75
Lose $0.60 → $0.52
Lose $0.52 → $0.41/$0.39
At $0.65, the question isn't whether BR can go higher.
It's which of these levels gets taken next.
BR based around $0.3886, broke $0.52, and then accelerated to $0.6577 with $5.66M turnover.
Now there are three levels I care about:
$0.60–$0.62 holds: the breakout is being defended. A move back through $0.6577 puts $0.70 in play, then $0.75 if momentum stays strong.
$0.60 breaks: the first breakout support is gone. $0.52 becomes the next test. That's the level that decides whether this was a real expansion or just a spike.
$0.52 breaks: I wouldn't keep treating dips as bullish. The next meaningful area is $0.41–$0.39, where the move actually started.
So from here:
Hold $0.60 → $0.6577 → $0.70/$0.75
Lose $0.60 → $0.52
Lose $0.52 → $0.41/$0.39
At $0.65, the question isn't whether BR can go higher.
It's which of these levels gets taken next.
