$SKHYB breaks below the 30-day low: current price 151.99, previous low 152.91.
After the breakdown, watch two things:
· Whether the previous low of 152.91 turns from support into resistance (the price fails to break above it on a rebound)
· Whether volume picks up on the breakdown; a low-volume break could be a false breakdown
Do these signals convince you?
#SKHYB
After the breakdown, watch two things:
· Whether the previous low of 152.91 turns from support into resistance (the price fails to break above it on a rebound)
· Whether volume picks up on the breakdown; a low-volume break could be a false breakdown
Do these signals convince you?
#SKHYB