$GTC broke above its one-year high (0.251) on increased volume. Turnover was 1.9 times the 20-day average, and the current price is 0.2822.
A breakout on increased volume may mean buyers are willing to trade at higher prices, while selling pressure from holders who bought near the previous high is being absorbed.
Watch for two signs of confirmation: the daily close stays above 0.251, and the price holds that level on a pullback, turning the previous high into support.
#GTC
Don't take what I said as advice.
A breakout on increased volume may mean buyers are willing to trade at higher prices, while selling pressure from holders who bought near the previous high is being absorbed.
Watch for two signs of confirmation: the daily close stays above 0.251, and the price holds that level on a pullback, turning the previous high into support.
#GTC
Don't take what I said as advice.