$FIL breached the 24-hour low: current price 0.8459, previous low 0.856.
After the breakdown, watch for two things:
Will the previous low of 0.856 turn from support into resistance (price fails to break through on a rebound)?
Was there a spike in volume during the breakdown? A break below on low volume may just be a false breakdown.
What do you think?
#FIL
Just use this as a reference; don't take it too seriously.
After the breakdown, watch for two things:
Will the previous low of 0.856 turn from support into resistance (price fails to break through on a rebound)?
Was there a spike in volume during the breakdown? A break below on low volume may just be a false breakdown.
What do you think?
#FIL
Just use this as a reference; don't take it too seriously.