$CFX has hit a new 24-hour high: current price 0.05675, previous high 0.05636.
After the breakout, two key things to watch:
Can the previous high of 0.05636 turn from resistance into support (holding on a retest)?
Was there a surge in volume during the breakout? A breakout on low volume can easily turn out to be a false breakout.
Vote in the comments: up or down?
#CFX
Just sharing some thoughts—it's up to you to decide what to do.
After the breakout, two key things to watch:
Can the previous high of 0.05636 turn from resistance into support (holding on a retest)?
Was there a surge in volume during the breakout? A breakout on low volume can easily turn out to be a false breakout.
Vote in the comments: up or down?
#CFX
Just sharing some thoughts—it's up to you to decide what to do.