$KOMA has fallen below the 0.014 level; the current price is 0.01387.
Around key price levels, I usually look at three things:
① Close: An intraday dip below doesn’t count; it’s only a confirmed break if the close is below 0.014;
② Rebound: Can it reclaim around 0.014 on a rebound? If it can’t, that counts as a shift;
③ Volume: Did volume pick up as it broke below? Breaks on low volume are more likely to be false.
NFA. Do your own research.
Around key price levels, I usually look at three things:
① Close: An intraday dip below doesn’t count; it’s only a confirmed break if the close is below 0.014;
② Rebound: Can it reclaim around 0.014 on a rebound? If it can’t, that counts as a shift;
③ Volume: Did volume pick up as it broke below? Breaks on low volume are more likely to be false.
NFA. Do your own research.