$CRCLB breaks above its 24-hour high: the current price is 82.62, up from the previous high of 81.22.
After the breakout, there are two key things to watch:
Can the previous high of 81.22 turn from resistance into support (holding on a retest)?
Was the breakout accompanied by volume? A breakout without volume can easily turn out to be a false breakout.
How do you interpret this data?
After the breakout, there are two key things to watch:
Can the previous high of 81.22 turn from resistance into support (holding on a retest)?
Was the breakout accompanied by volume? A breakout without volume can easily turn out to be a false breakout.
How do you interpret this data?