$CRCLB hits a new 24-hour high: current price 82.68, previous high 81.22.
After the breakout, two things are key:
Can the previous high of 81.22 turn from resistance into support (holding on a retest)?
Was the breakout backed by volume? A breakout on declining volume often turns out to be a false breakout.
Do you agree with these figures?
I could be wrong, so make your own judgment.
After the breakout, two things are key:
Can the previous high of 81.22 turn from resistance into support (holding on a retest)?
Was the breakout backed by volume? A breakout on declining volume often turns out to be a false breakout.
Do you agree with these figures?
I could be wrong, so make your own judgment.