$LAB hit a new 24-hour high: current price 0.04305, previous high 0.0422.
After the breakout, two things are key:
· Can the previous high of 0.0422 turn from resistance into support (holding on a retest)?
· Was the breakout accompanied by strong volume? A breakout on low volume can easily turn into a bull trap.
Do you think this is the beginning or the end?
#LAB
After the breakout, two things are key:
· Can the previous high of 0.0422 turn from resistance into support (holding on a retest)?
· Was the breakout accompanied by strong volume? A breakout on low volume can easily turn into a bull trap.
Do you think this is the beginning or the end?
#LAB