$CRCLB broke below the 30-day low: current price 77.85, previous low 78.39.
After the breakdown, watch two things:
· Will the previous low of 78.39 turn from support into resistance (if the price fails to reclaim it on a rebound)?
· Did trading volume increase during the breakdown? A break on declining volume may be a false breakdown.
What do you think will happen next?
#CRCLB
After the breakdown, watch two things:
· Will the previous low of 78.39 turn from support into resistance (if the price fails to reclaim it on a rebound)?
· Did trading volume increase during the breakdown? A break on declining volume may be a false breakdown.
What do you think will happen next?
#CRCLB