$GIGGLE breached the 30-day low: current price 23.82, previous low 23.92.
After the breakdown, watch two things:
· Whether the previous low of 23.92 turns from support into resistance (price fails to break above it on a rebound)
· Whether trading volume increases on the breakdown; a break below on low volume may be a false breakdown
Will the market trend change next?
#GIGGLE
After the breakdown, watch two things:
· Whether the previous low of 23.92 turns from support into resistance (price fails to break above it on a rebound)
· Whether trading volume increases on the breakdown; a break below on low volume may be a false breakdown
Will the market trend change next?
#GIGGLE