$STRK broke above its six-month high (0.06367) on heavy volume. Trading volume was 4 times the 20-day average, and the current price is 0.0673.
A breakout on heavy volume may mean buyers are willing to trade at higher prices, while selling pressure from those who bought near the previous high is being absorbed.
Watch for two signs of confirmation: the daily close stays above 0.06367; and a pullback holds above the previous high, which then becomes support.
#STRK
Whether to buy is up to you—this is just for sharing.
A breakout on heavy volume may mean buyers are willing to trade at higher prices, while selling pressure from those who bought near the previous high is being absorbed.
Watch for two signs of confirmation: the daily close stays above 0.06367; and a pullback holds above the previous high, which then becomes support.
#STRK
Whether to buy is up to you—this is just for sharing.