$FF hits a 7-day high: current price 0.09991, previous high 0.0988.
After the breakout, there are two key things to watch:
· Whether the previous high of 0.0988 turns from resistance into support (holds on a retest)
· Whether the breakout is backed by volume—breakouts on low volume often turn out to be false breakouts
Anyone who knows their stuff want to weigh in?