A look at the chart structure | STRCx on Pendle hits an all-time high, surpassing $50 million
The previous high and key moving averages won’t change based on the news—those are the levels to watch. Whether more media outlets follow up will help determine if the news is true.
This is a positive, but there have also been plenty of cases where prices surged and then pulled back after good news.
$PENDLE , down 4.25% on the day, with an intraday range of 1.891–2.04.
#PENDLE
For personal sharing only; this is not a specific buy or sell recommendation.
The previous high and key moving averages won’t change based on the news—those are the levels to watch. Whether more media outlets follow up will help determine if the news is true.
This is a positive, but there have also been plenty of cases where prices surged and then pulled back after good news.
$PENDLE , down 4.25% on the day, with an intraday range of 1.891–2.04.
#PENDLE
For personal sharing only; this is not a specific buy or sell recommendation.
