$ORCA broke below the 24-hour low: current price 2.137, previous low 2.172.
After the breakdown, watch two things:
· Will the previous low of 2.172 turn from support into resistance (will the rebound fail to break through)?
· Did trading volume increase during the breakdown? A low-volume breakdown could just be a bear trap.
Which do you value more: data or news?
#ORCA
After the breakdown, watch two things:
· Will the previous low of 2.172 turn from support into resistance (will the rebound fail to break through)?
· Did trading volume increase during the breakdown? A low-volume breakdown could just be a bear trap.
Which do you value more: data or news?
#ORCA