Let's talk about $AKE just now: down 3.8% in 5 minutes.
After a drop, price levels that were broken on the way down often become resistance. Be cautious if it rebounds to that area. Friends around me asked whether they should make a move. My answer: wait and see.
Just my personal opinion—don't treat it as a basis for trading.
After a drop, price levels that were broken on the way down often become resistance. Be cautious if it rebounds to that area. Friends around me asked whether they should make a move. My answer: wait and see.
Just my personal opinion—don't treat it as a basis for trading.
