$AIN hit a 7-day high: current price 0.05417, previous high 0.052.
After the breakout, there are two key things to watch:
· Can the previous high of 0.052 turn from resistance into support (holding on a retest)?
· Was there a surge in volume during the breakout? A breakout on low volume can easily turn into a bull trap.
What do you think?
After the breakout, there are two key things to watch:
· Can the previous high of 0.052 turn from resistance into support (holding on a retest)?
· Was there a surge in volume during the breakout? A breakout on low volume can easily turn into a bull trap.
What do you think?
