$INJ breaks its 30-day high: current price 8.874, previous high 8.832.
After the breakout, focus on two things:
· Whether the previous high of 8.832 can turn from resistance into support (holding on a pullback)
· Whether volume increased during the breakout; a breakout on low volume can easily turn into a false breakout
Do you think this is the beginning or the end?
After the breakout, focus on two things:
· Whether the previous high of 8.832 can turn from resistance into support (holding on a pullback)
· Whether volume increased during the breakout; a breakout on low volume can easily turn into a false breakout
Do you think this is the beginning or the end?