$TIA breaks below the 30-day low: current price 0.3635, previous low 0.3666.
After the breakdown, watch two things:
· Whether the previous low of 0.3666 turns from support into resistance (the rebound fails to reclaim it)
· Whether trading volume increases on the breakdown; a low-volume break may just be a bear trap
Which direction are you more bullish on?
#TIA
After the breakdown, watch two things:
· Whether the previous low of 0.3666 turns from support into resistance (the rebound fails to reclaim it)
· Whether trading volume increases on the breakdown; a low-volume break may just be a bear trap
Which direction are you more bullish on?
#TIA
