$AGT broke through the 0.07 threshold, and is now trading at 0.07239.
Near key price levels, I usually look at three things:
① Holding above: An intraday move above the level doesn’t count; it’s a genuine breakout only if the closing price is above 0.07;
② Retest: Can the price hold near 0.07 on a pullback? If it does, the level shift is confirmed;
③ Volume: Did trading volume increase during the breakout? Breakouts on low volume are more likely to reverse.
It’s your own money—think it through before you act.
Near key price levels, I usually look at three things:
① Holding above: An intraday move above the level doesn’t count; it’s a genuine breakout only if the closing price is above 0.07;
② Retest: Can the price hold near 0.07 on a pullback? If it does, the level shift is confirmed;
③ Volume: Did trading volume increase during the breakout? Breakouts on low volume are more likely to reverse.
It’s your own money—think it through before you act.