$GOOGLB 24-hour new high confirmed.
24h +3.51%, current price 288.45, previous high 285.
From a structural perspective, a new high indicates that overhead selling pressure has eased and short-term resistance is relatively light. However, if the price quickly falls back below the previous high, beware of a false breakout. What will you do if it reverses later?
24h +3.51%, current price 288.45, previous high 285.
From a structural perspective, a new high indicates that overhead selling pressure has eased and short-term resistance is relatively light. However, if the price quickly falls back below the previous high, beware of a false breakout. What will you do if it reverses later?