PickStockWinners

The reason SCOK never broke out today, Heavy sell EOD

NASDAQ:SCOK   None
0
Many were on Stocktwits expecting the stock to break 7.5 (which it did) and go to 8+ but if you watched the price action on a 1 min chart you would be amazed at the volatility past the breakout point 7.5. Even though the stock was perking and gearing to the upside, it was doing so pre-maturely into supply (resistance) above. Not much support underneath, id be careful with this going forward.

Hope this helps

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.