$BERA fell below the one-year low of 0.0962, with 24h trading volume surging to 23.3 times the daily average.
Stop-loss orders on long positions are often placed below swing lows. A high-volume break below one suggests those stops have been triggered. Once the stop orders have been cleared, large buy orders could provide support and lead to a technical rebound; if no one steps in, the price may keep looking for support.
#BERA
You’re responsible for your own risk—I’m just chatting.
Stop-loss orders on long positions are often placed below swing lows. A high-volume break below one suggests those stops have been triggered. Once the stop orders have been cleared, large buy orders could provide support and lead to a technical rebound; if no one steps in, the price may keep looking for support.
#BERA
You’re responsible for your own risk—I’m just chatting.
