$SNDKB hits a new 24-hour high: current price 1297.81, previous high 1285.27.
After the breakout, two things matter:
· Can the previous high of 1285.27 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.
Is this a signal or just noise?
Personal notes. Make your own trading decisions.
After the breakout, two things matter:
· Can the previous high of 1285.27 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.
Is this a signal or just noise?
Personal notes. Make your own trading decisions.