$JTO falls below its 24-hour low: current price 0.494, previous low 0.497.
After the breakdown, watch two things:
· Whether the previous low of 0.497 turns from support into resistance (the price fails to reclaim it on a bounce)
· Whether trading volume picks up on the breakdown; a low-volume break may be a false breakdown
Where do you think the key dividing line is?
#JTO
After the breakdown, watch two things:
· Whether the previous low of 0.497 turns from support into resistance (the price fails to reclaim it on a bounce)
· Whether trading volume picks up on the breakdown; a low-volume break may be a false breakdown
Where do you think the key dividing line is?
#JTO