$STRK breaks through the 0.08 threshold.
Let’s use this number to talk about round-number levels.
The more often a price level is tested, the more weight it tends to carry in people’s minds. However, some argue that repeated tests may instead wear down the support at that level.
Breaking through a threshold only means that one side has the upper hand at that moment. How far the price goes afterward depends on where the next key level is and whether trading volume can be sustained.
Don’t let a single number throw off your rhythm, and certainly don’t use borrowed money to test a particular price level.
#STRK
Let’s use this number to talk about round-number levels.
The more often a price level is tested, the more weight it tends to carry in people’s minds. However, some argue that repeated tests may instead wear down the support at that level.
Breaking through a threshold only means that one side has the upper hand at that moment. How far the price goes afterward depends on where the next key level is and whether trading volume can be sustained.
Don’t let a single number throw off your rhythm, and certainly don’t use borrowed money to test a particular price level.
#STRK