$RIVER is at a 24-hour high: current price 1.136, previous high 1.122.
After the breakout, two key things to watch:
· Whether the previous high of 1.122 turns from resistance into support (holds on a retest)
· Whether the breakout is supported by volume; a breakout on declining volume can easily turn out to be a false breakout
How would you respond?
#RIVER
After the breakout, two key things to watch:
· Whether the previous high of 1.122 turns from resistance into support (holds on a retest)
· Whether the breakout is supported by volume; a breakout on declining volume can easily turn out to be a false breakout
How would you respond?
#RIVER