$WLD falls 0.5 fails; current price is 0.4865.
Key levels: above and below—what I’m used to watching are three points:
① Close: an intraday wick piercing doesn’t count; only if the close is below 0.5 is it a true breakdown;
② Retracement: when the rebound reaches around 0.5, can it stand back above it? If it can’t and fails to recover, support turns into resistance;
③ Volume: when it breaks down, is trading volume amplified? If there’s little volume, it’s often a fake.
#WLD
Data comes from public information—please judge for yourself (DYOR).
Key levels: above and below—what I’m used to watching are three points:
① Close: an intraday wick piercing doesn’t count; only if the close is below 0.5 is it a true breakdown;
② Retracement: when the rebound reaches around 0.5, can it stand back above it? If it can’t and fails to recover, support turns into resistance;
③ Volume: when it breaks down, is trading volume amplified? If there’s little volume, it’s often a fake.
#WLD
Data comes from public information—please judge for yourself (DYOR).