$GIGGLE breaks its 24-hour high: current price 36.71, previous high 36.65.
After the breakout, two things are key:
· Can the previous high of 36.65 turn from resistance into support (holding on a retest)?
· Was the breakout accompanied by sufficient volume? A breakout on low volume often turns into a bull trap.
Cast your vote in the comments: up or down?
For market reference only. Please make your own trading decisions.
After the breakout, two things are key:
· Can the previous high of 36.65 turn from resistance into support (holding on a retest)?
· Was the breakout accompanied by sufficient volume? A breakout on low volume often turns into a bull trap.
Cast your vote in the comments: up or down?
For market reference only. Please make your own trading decisions.