we broke our resistant around the 1.50$ premarket now is our support , and we have to break another resistant on the market opens at 1.77$, cause if we got rejected we going to test near above support area 1.50$ and then break that resistant to go the profit taking around the 2$+ and 2.30$.
if we broke the support 1.50$, is means we going to fail the gap above the 1.30$.
TA is more effective on equities who's orders are actually going to exchanges. TA on APE & AMC has been brutally useless because the PA is governed by MM who control the order flow. Nice work regardless!
TRADING-JESUS
⋅
@MICVH, yeah I agree , it's much harder to predicted sometimes, however there's always a high probability that we going to see a reversal or breakout from this hot spots .