NKP 0.00% 9.9¢ nkwe platinum limited

Testing Resistance is a funny thing.Breakouts rarely occur on...

  1. 1,364 Posts.
    Testing Resistance is a funny thing.

    Breakouts rarely occur on the first occasion that a support level is broken.

    Although 28 cents was a definant resistance level, its first incursion above this was to 34 cents before a retrace to test support at 28 cents.

    So to confirm the breakout it needs to surpass 34 then its foot down.

    Hope this justify's my observations

    IMO only

    DYOR
 
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