$Q broke above its one-year high (0.07248) on heavy volume, with trading volume 3.2 times the 20-day average. The current price is 0.07579.
A price breakout accompanied by heavy volume often means buyers are willing to trade at higher prices, while shares held by earlier buyers near the previous high are being absorbed.
Watch for two signs of confirmation: a daily close above 0.07248, and a successful retest of this level, with the former high turning into support.
Data is for reference only. Make your own trading decisions.
A price breakout accompanied by heavy volume often means buyers are willing to trade at higher prices, while shares held by earlier buyers near the previous high are being absorbed.
Watch for two signs of confirmation: a daily close above 0.07248, and a successful retest of this level, with the former high turning into support.
Data is for reference only. Make your own trading decisions.