$SPCXB has fallen below the 150 level, with the current price at 149.44.
Near key price levels, I usually look at three things:
① Close: A dip below during the session doesn’t count; it’s a genuine break only if the closing price is below 150.
② Rebound: Can the price recover the 150 area on a rebound? If it can’t, the changeover is complete.
③ Volume: Did volume increase when the price broke below the level? A break on lower volume is more likely to be false.
This is not investment advice.
Near key price levels, I usually look at three things:
① Close: A dip below during the session doesn’t count; it’s a genuine break only if the closing price is below 150.
② Rebound: Can the price recover the 150 area on a rebound? If it can’t, the changeover is complete.
③ Volume: Did volume increase when the price broke below the level? A break on lower volume is more likely to be false.
This is not investment advice.