$VANA Breaks above the 7-day high: current price 1.157, previous high 1.1361.
After the breakout, watch two things:
· Whether the previous high of 1.1361 turns from resistance into support (holds on a pullback)
· Whether the breakout is accompanied by volume; a breakout on low volume can easily turn into a false breakout
Are you bullish or leaning bearish from here?
#VANA
After the breakout, watch two things:
· Whether the previous high of 1.1361 turns from resistance into support (holds on a pullback)
· Whether the breakout is accompanied by volume; a breakout on low volume can easily turn into a false breakout
Are you bullish or leaning bearish from here?
#VANA