$STRK 5-minute plunge of 3.2%, to 0.06821, with a 24h range of 0.04829–0.07162.
A genuine breakout is often accompanied by a surge in volume, while a false breakout often lacks volume. This is the method I use most often to tell them apart.
When longs are forced out, the drop is often swift and brutal, but the price often rebounds once they’ve been cleared out.
#STRK
NFA, DYOR.
A genuine breakout is often accompanied by a surge in volume, while a false breakout often lacks volume. This is the method I use most often to tell them apart.
When longs are forced out, the drop is often swift and brutal, but the price often rebounds once they’ve been cleared out.
#STRK
NFA, DYOR.