InvestorsHub Logo
Followers 5
Posts 605
Boards Moderated 0
Alias Born 01/08/2009

Re: TradeNaked post# 528174

Wednesday, 05/22/2019 1:41:24 PM

Wednesday, May 22, 2019 1:41:24 PM

Post# of 796783
Yes, I see it often on a breakout that the price shoots back down to test the support of where the breakout occurred (what was once resistance) only to then bounce back up and go on the huge uptrend that the breakout signified. That is right where we are now: testing that new support.