$PONS breaks the 24-hour high: current price 0.1562, previous high 0.1545.
After the breakout, two key things to watch:
· Whether the previous high of 0.1545 turns from resistance into support (holds on a retest)
· Whether the breakout is accompanied by volume; a breakout on low volume can easily turn into a bull trap
Do you think the market has overreacted?
#PONS
After the breakout, two key things to watch:
· Whether the previous high of 0.1545 turns from resistance into support (holds on a retest)
· Whether the breakout is accompanied by volume; a breakout on low volume can easily turn into a bull trap
Do you think the market has overreacted?
#PONS
