$SNXXB breaks below its 30-day low: current price 9.32, previous low 9.41.
After the breakdown, watch two things:
· Whether the previous low of 9.41 turns from support into resistance (the price fails to rebound above it)
· Whether trading volume increases during the breakdown; a low-volume break may be a false breakdown
Will the market turn next?
For record-keeping and sharing only; this is not investment advice.
After the breakdown, watch two things:
· Whether the previous low of 9.41 turns from support into resistance (the price fails to rebound above it)
· Whether trading volume increases during the breakdown; a low-volume break may be a false breakdown
Will the market turn next?
For record-keeping and sharing only; this is not investment advice.