$VVV has broken through the 19 level, with the current price at 19.083.
The round-number level itself has no special significance, but pending orders, stop-losses, and psychological expectations tend to cluster around it, so the battle between bulls and bears is usually quite drawn out.
The key is whether 19 holds on a pullback. If it does, resistance turns into support.
The round-number level itself has no special significance, but pending orders, stop-losses, and psychological expectations tend to cluster around it, so the battle between bulls and bears is usually quite drawn out.
The key is whether 19 holds on a pullback. If it does, resistance turns into support.