$ZHIPU : Range Holding After the Breakout (1h)
ZHIPU trades near $71.18, up about 8% in 24h on $66M in volume, after a strong push from the mid-$60s to a $73.11 high that was sold back quickly. On the 1h chart price has since been ranging between roughly $70 and $72, with $70 holding as support on the latest dip. I want a clean 1h close above $72 before calling continuation, while a break below $70 would put the $69 area back in play.
Does $ZHIPU break $72, or slip back to $70?
⚠️ This is an off-hours stock perp, so prices can gap when the stock market reopens. Not financial advice.
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