$AIN broke through the 0.15 level, with the current price at 0.159.
Around key price levels, I usually watch three things:
① Holding above: An intraday touch doesn’t count; it’s a genuine breakout only if the price closes above 0.15;
② Retest: Can the price hold near 0.15 during a pullback? If it does, resistance has turned into support;
③ Volume: Did volume follow through during the breakout? Breakouts on declining volume are more likely to reverse.
#AIN
Around key price levels, I usually watch three things:
① Holding above: An intraday touch doesn’t count; it’s a genuine breakout only if the price closes above 0.15;
② Retest: Can the price hold near 0.15 during a pullback? If it does, resistance has turned into support;
③ Volume: Did volume follow through during the breakout? Breakouts on declining volume are more likely to reverse.
#AIN
