$BEB 24-hour high, current price 226.95, previous high 223.96.
There are generally three possible moves after a new high:
① Pull back to the previous high without breaking below it, then move up another step: the healthiest
② Move sideways near the previous high: turnover, watch for direction
③ Drop back below the previous high and fail to reclaim it: a false breakout
Currently above the previous high; first see whether it falls into category ① or ②.
There are generally three possible moves after a new high:
① Pull back to the previous high without breaking below it, then move up another step: the healthiest
② Move sideways near the previous high: turnover, watch for direction
③ Drop back below the previous high and fail to reclaim it: a false breakout
Currently above the previous high; first see whether it falls into category ① or ②.
