$Niu Lai hits a new 24-hour high: current price 0.05812, previous high 0.05786.
After the breakout, keep an eye on two things:
Can the previous high of 0.05786 turn from resistance into support (holding on a retest)?
Was there a surge in volume during the breakout? A breakout on low volume often turns out to be false.
Vote in the comments: up or down?
After the breakout, keep an eye on two things:
Can the previous high of 0.05786 turn from resistance into support (holding on a retest)?
Was there a surge in volume during the breakout? A breakout on low volume often turns out to be false.
Vote in the comments: up or down?
