Let’s talk about the chart for $PHA : up 7.5% over the past 24 hours, with bulls and bears battling fiercely around 0.0644.
This is the kind of price level that really tests your judgment: chase the move and you worry about a pullback; sit it out and you worry about missing out. I’d first watch to see whether volume can hold up, then see whether 0.0644 holds or breaks. In a trending market, going with the trend is always easier than trying to call the top or bottom.
Just sharing thoughts—what’s your trading strategy? #PHA
For discussion purposes only; this is not investment advice.
This is the kind of price level that really tests your judgment: chase the move and you worry about a pullback; sit it out and you worry about missing out. I’d first watch to see whether volume can hold up, then see whether 0.0644 holds or breaks. In a trending market, going with the trend is always easier than trying to call the top or bottom.
Just sharing thoughts—what’s your trading strategy? #PHA
For discussion purposes only; this is not investment advice.