🐋 $UAI breaks through the 0.09 level, 362 days since it last reached this point.
Large numbers of stop-loss orders often cluster around round-number levels. Let’s first talk about how key price levels can come into play.
Common ways to confirm a breakout include: closing on the other side of the level, holding on a pullback, and seeing volume pick up during the breakout.
Understanding this indicator is meant to help you avoid being misled by the numbers, not to pinpoint exact tops and bottoms.
Large numbers of stop-loss orders often cluster around round-number levels. Let’s first talk about how key price levels can come into play.
Common ways to confirm a breakout include: closing on the other side of the level, holding on a pullback, and seeing volume pick up during the breakout.
Understanding this indicator is meant to help you avoid being misled by the numbers, not to pinpoint exact tops and bottoms.
