$BULLA hits a new 7-day high: current price 0.113, previous high 0.1108.
After the breakout, two things are key:
· Can the previous high of 0.1108 turn from resistance into support (holding on a retest)?
· Was the breakout backed by volume? A breakout on low volume can easily turn into a bull trap.
Which side are you on? Share your thoughts in the comments.
After the breakout, two things are key:
· Can the previous high of 0.1108 turn from resistance into support (holding on a retest)?
· Was the breakout backed by volume? A breakout on low volume can easily turn into a bull trap.
Which side are you on? Share your thoughts in the comments.