$MSTRB broke below the 24-hour low: current price 137.7, previous low 140.
After the breakdown, watch two things:
· Whether the previous low of 140 turns from support into resistance (the price fails to reclaim it on a rebound)
· Whether trading volume picked up during the breakdown; a low-volume break may be a false breakdown
Do you think this is the beginning or the end?
After the breakdown, watch two things:
· Whether the previous low of 140 turns from support into resistance (the price fails to reclaim it on a rebound)
· Whether trading volume picked up during the breakdown; a low-volume break may be a false breakdown
Do you think this is the beginning or the end?