$PONS Breaks 24-hour high: current price 0.3392, previous high 0.335.
After the breakout, focus on two things:
Can the previous high of 0.335 turn from resistance into support (hold on a retest)?
Was the breakout accompanied by volume? A breakout on declining volume often turns into a bull trap.
Are you bullish or bearish from here?
#PONS
I could be wrong too—don't take this as advice.
After the breakout, focus on two things:
Can the previous high of 0.335 turn from resistance into support (hold on a retest)?
Was the breakout accompanied by volume? A breakout on declining volume often turns into a bull trap.
Are you bullish or bearish from here?
#PONS
I could be wrong too—don't take this as advice.