$NBISB breaks above its 24-hour high: current price 177.65, previous high 175.08.
After the breakout, two key things to watch:
· Whether the previous high of 175.08 turns from resistance into support (holds on a retest)
· Whether trading volume picked up during the breakout—a breakout on low volume often turns into a bull trap
If it moves the other way from here, how would you respond?
After the breakout, two key things to watch:
· Whether the previous high of 175.08 turns from resistance into support (holds on a retest)
· Whether trading volume picked up during the breakout—a breakout on low volume often turns into a bull trap
If it moves the other way from here, how would you respond?