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false break out

  1. Marchelo
    364 Posts.
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    29/06/05
    14:17
    Post #: 965923
    There's that false breakout I was referring to this morning.

    In the absence of news its just not ready to push through resistance yet.

    Not only will it be a false breakout, it will be a double top.

    Still 2 hours left of trading. Will see what happens, but there could well be a pull back now from these levels.

    Marchello
    TOX Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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