$ENA failed to hold the 0.18 level.
A break below on high volume shows that the selling pressure is real; a dip on lower volume is more likely to rebound.
True breakouts are often accompanied by high volume, while false breakouts often aren't. This is the method I use most often to judge them.
A break below on high volume shows that the selling pressure is real; a dip on lower volume is more likely to rebound.
True breakouts are often accompanied by high volume, while false breakouts often aren't. This is the method I use most often to judge them.