$WLD hits a 24-hour high: current price 0.5171, previous high 0.5126.
After the breakout, two key things to watch:
· Whether the previous high of 0.5126 can turn from resistance into support (holds on a retest)
· Whether volume confirms the breakout; breakouts on declining volume often turn out to be false breakouts
What do you think at this stage?
#WLD
For reference only. Make your own decisions.
After the breakout, two key things to watch:
· Whether the previous high of 0.5126 can turn from resistance into support (holds on a retest)
· Whether volume confirms the breakout; breakouts on declining volume often turn out to be false breakouts
What do you think at this stage?
#WLD
For reference only. Make your own decisions.