$ENA hits a 24-hour high: current price 0.199, previous high 0.1972.
After the breakout, two things are key:
· Can the previous high of 0.1972 turn from resistance into support (hold on a retest)?
· Was there a surge in volume during the breakout? Breakouts on declining volume often turn out to be false breakouts.
Which do you trust more: data or news?
Personal notes only. Make your own trading decisions.
After the breakout, two things are key:
· Can the previous high of 0.1972 turn from resistance into support (hold on a retest)?
· Was there a surge in volume during the breakout? Breakouts on declining volume often turn out to be false breakouts.
Which do you trust more: data or news?
Personal notes only. Make your own trading decisions.