$LUMIA has hit a new 30-day high: current price 0.1551, previous high 0.1395.
After the breakout, there are two key things to watch:
· Whether the previous high of 0.1395 can turn from resistance into support (holding on a pullback)
· Whether the breakout is supported by volume; a breakout on low volume can easily turn into a bull trap
Which direction are you more bullish on?
Personal notes only. Make your own buying and selling decisions.
After the breakout, there are two key things to watch:
· Whether the previous high of 0.1395 can turn from resistance into support (holding on a pullback)
· Whether the breakout is supported by volume; a breakout on low volume can easily turn into a bull trap
Which direction are you more bullish on?
Personal notes only. Make your own buying and selling decisions.