$RAYSOL has hit a new 24-hour high: current price 1.5924, previous high 1.5653.
After the breakout, there are two key things to watch:
· Whether the previous high of 1.5653 can turn from resistance into support (holding on a retest)
· Whether the breakout is backed by volume—a breakout without volume can easily turn out to be a false breakout
What do you think will happen next?
After the breakout, there are two key things to watch:
· Whether the previous high of 1.5653 can turn from resistance into support (holding on a retest)
· Whether the breakout is backed by volume—a breakout without volume can easily turn out to be a false breakout
What do you think will happen next?