$FIL has climbed to a 24-hour high: current price 1.134, previous high 1.0997.
After the breakout, there are two key things to watch:
· Whether the previous high of 1.0997 turns from resistance into support (holds on a retest)
· Whether trading volume increases during the breakout; breakouts on low volume often turn into bull traps
What do you think?
#FIL
This is not investment advice. Invest at your own risk.
After the breakout, there are two key things to watch:
· Whether the previous high of 1.0997 turns from resistance into support (holds on a retest)
· Whether trading volume increases during the breakout; breakouts on low volume often turn into bull traps
What do you think?
#FIL
This is not investment advice. Invest at your own risk.