$MUB hits a 24-hour high: current price 878.29, previous high 873.62.
After the breakout, two key things to watch:
· Whether the previous high of 873.62 turns from resistance into support (holds on a retest)
· Whether the breakout is backed by volume—a breakout without volume often turns out to be a false breakout
Do these figures look right to you?
After the breakout, two key things to watch:
· Whether the previous high of 873.62 turns from resistance into support (holds on a retest)
· Whether the breakout is backed by volume—a breakout without volume often turns out to be a false breakout
Do these figures look right to you?