Sharp rise of 3.87% in $MAGIC 5 minutes, trading at 0.1229, with a 24h range of 0.1141–0.1468.
A valid breakout is usually accompanied by increased volume, while a false breakout often isn’t. This is one filter I pay close attention to.
After such a big rise in a short time, profit-takers may sell at any moment. Work out your stop-loss before entering.
#MAGIC
Just my personal opinion, not investment advice.
A valid breakout is usually accompanied by increased volume, while a false breakout often isn’t. This is one filter I pay close attention to.
After such a big rise in a short time, profit-takers may sell at any moment. Work out your stop-loss before entering.
#MAGIC
Just my personal opinion, not investment advice.