Just to add, $AERO broke above 0.9581—a level it hasn’t traded above in nearly 180 days—and trading volume surged to twice its usual level.
I used to chase every breakout on heavy volume, only to end up buying at the very top of that candlestick more than once. Now I wait for the price to pull back and retest 0.9581. If it holds, then I’ll consider it.
If you think that makes sense, give this a like. If you disagree, share your thoughts in the comments.
I used to chase every breakout on heavy volume, only to end up buying at the very top of that candlestick more than once. Now I wait for the price to pull back and retest 0.9581. If it holds, then I’ll consider it.
If you think that makes sense, give this a like. If you disagree, share your thoughts in the comments.