$STRK fell below the 0.11 level.
Let’s use this number to talk about key price levels.
Common ways to judge whether a breakdown is valid include: the price closes below the level, a rebound fails to break back above it, and trading volume increases during the breakdown.
The first rebound after a breakdown is often seen as a litmus test: if the price is rejected near the level, that lends credence to the idea that support has turned into resistance.
Keep enough margin for your futures position—don’t let a single wick liquidate it.
Let’s use this number to talk about key price levels.
Common ways to judge whether a breakdown is valid include: the price closes below the level, a rebound fails to break back above it, and trading volume increases during the breakdown.
The first rebound after a breakdown is often seen as a litmus test: if the price is rejected near the level, that lends credence to the idea that support has turned into resistance.
Keep enough margin for your futures position—don’t let a single wick liquidate it.