$BMT hits a new 24-hour high: current price 0.02243, previous high 0.02214.
After the breakout, two key things to watch:
· Whether the previous high of 0.02214 turns from resistance into support (holds on a retest)
· Whether the breakout is backed by volume; breakouts without volume often turn out to be false breakouts
Will the market change direction later?
After the breakout, two key things to watch:
· Whether the previous high of 0.02214 turns from resistance into support (holds on a retest)
· Whether the breakout is backed by volume; breakouts without volume often turn out to be false breakouts
Will the market change direction later?