MYX 1.00% $3.97 mayne pharma group limited

Yes it's not unusual to see price come back and test the...

  1. 257 Posts.
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    Yes it's not unusual to see price come back and test the break-out level, that's which is why I'll be watching more closely for signals one way or another. Especially if it goes under 0.80 - there will be a lot of automatic stops set at just below this obvious level, so I'll be watching for a "stop hunt" where the price may drop 2 or 3 cents below here and then volume kick in to push it back over. (The professionals mopping up some easy supply). ​


    Or if it keeps going then support has failed. Volume at these levels will tell a story.​
 
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