$SNDKB fell below the 900 level; the current price is 896.04.
Near key price levels, I usually look at three things:
① Holding: An intraday dip below doesn’t count; it’s a confirmed breakdown only if the entire candlestick closes below 900.
② Rebound: Can it reclaim the area around 900 on a rebound? If not, that’s a role reversal.
③ Volume: Did volume pick up during the breakdown? A break on low volume is more likely to be reversed.
Near key price levels, I usually look at three things:
① Holding: An intraday dip below doesn’t count; it’s a confirmed breakdown only if the entire candlestick closes below 900.
② Rebound: Can it reclaim the area around 900 on a rebound? If not, that’s a role reversal.
③ Volume: Did volume pick up during the breakdown? A break on low volume is more likely to be reversed.