$TIA hits a new 30-day high: current price 0.5901, previous high 0.586.
After the breakout, focus on two things:
· Whether the previous high of 0.586 turns from resistance into support (holds on a retest)
· Whether the breakout is supported by volume; a breakout on declining volume can easily turn out to be false
Where do you think it goes next?
Stay rational and manage your position size.
After the breakout, focus on two things:
· Whether the previous high of 0.586 turns from resistance into support (holds on a retest)
· Whether the breakout is supported by volume; a breakout on declining volume can easily turn out to be false
Where do you think it goes next?
Stay rational and manage your position size.