$AVA breaks its 24-hour high: current price 0.3375, previous high 0.3339.
After the breakout, focus on two things:
· Whether the previous high of 0.3339 turns from resistance into support (holds on a retest)
· Whether the breakout is accompanied by volume; breakouts without volume often turn out to be false breakouts
If you were in this position, would you make a move or wait a little longer?
After the breakout, focus on two things:
· Whether the previous high of 0.3339 turns from resistance into support (holds on a retest)
· Whether the breakout is accompanied by volume; breakouts without volume often turn out to be false breakouts
If you were in this position, would you make a move or wait a little longer?
