If strat holds the yellow support then we may see a potential breakout. However, it already dropped below, therefore it may go down to the next supporting level. I believe we should wait until it touches the next support level before we consider buying into strat for a big breakout.
Thanks @BK for the help in understanding it better.
Thanks @BK for the help in understanding it better.
Comment:
Stratis bounced right off the Fibonacci retracement. May need to watch for a breakout/trend reversal
Comment:
Bounced at the next support level. If this breaks its going down even lower to the next support around 46