$STX has reached a 24-hour high: current price 0.3827, previous high 0.3756.
After the breakout, watch two things:
Can the previous high of 0.3756 turn from resistance into support (holding on a retest)?
Was the breakout supported by volume? A breakout on low volume often turns out to be a false breakout.
Cast your vote in the comments: bullish or bearish?
This may not be accurate, so make your own decision.
After the breakout, watch two things:
Can the previous high of 0.3756 turn from resistance into support (holding on a retest)?
Was the breakout supported by volume? A breakout on low volume often turns out to be a false breakout.
Cast your vote in the comments: bullish or bearish?
This may not be accurate, so make your own decision.