$TSLAB hit a new 24-hour high: current price 373.06, previous high 369.97.
After the breakout, two things are key:
· Can the previous high of 369.97 turn from resistance into support (holding on a retest)?
· Was there a surge in volume during the breakout? Breakouts on low volume often turn into bull traps.
How do you think it will move from here?
After the breakout, two things are key:
· Can the previous high of 369.97 turn from resistance into support (holding on a retest)?
· Was there a surge in volume during the breakout? Breakouts on low volume often turn into bull traps.
How do you think it will move from here?