$CRCLB hits a new 24-hour high: current price 85.61, previous high 85.18.
After the breakout, two key things to watch:
· Whether the previous high of 85.18 can turn from resistance into support (holds on a retest)
· Whether trading volume increased during the breakout; breakouts on low volume often turn into bull traps
Opportunity or trap?
#CRCLB
After the breakout, two key things to watch:
· Whether the previous high of 85.18 can turn from resistance into support (holds on a retest)
· Whether trading volume increased during the breakout; breakouts on low volume often turn into bull traps
Opportunity or trap?
#CRCLB