$CLANKER broke through the 16 level.
If it can hold above that level for a while, it suggests selling pressure is light—much stronger than briefly poking above it and then falling back.
A genuine breakout is often accompanied by increased volume, while a false breakout often isn’t. This is the method I use most often to judge.
The data comes from public sources; please verify it yourself.
If it can hold above that level for a while, it suggests selling pressure is light—much stronger than briefly poking above it and then falling back.
A genuine breakout is often accompanied by increased volume, while a false breakout often isn’t. This is the method I use most often to judge.
The data comes from public sources; please verify it yourself.
