Sentences with phrase «recent breakout level»
Should QQQ pull back from its current level, it should find near - term support near $ 65.25 (the recent breakout level), $ 64.50 (20 - day EMA), and $ 63.40 (50 - day MA):
http://www.morpheustrading.com/ Not exact matches
A pullback to this level would be just above the recent breakout on the weekly chart, which should now act as new support.
The recent high - volume breakout above key resistance at the $ 55.50 level, followed by lighter volume consolidation, means that a volume - fueled move above the three - day high of $ 58.00 could present a near - term buying opportunity in this ETF:
Although we'd love to see $ EPI pull back closer to the prior breakout level at $ 19.40 in order to establish an even lower risk position, we do not want to miss the next potential move higher when the bullish momentum of the recent breakout resumes.
On the other hand, if Bitcoin fails to breakout of the overhead resistance, it will retrace the recent bounce from the lows and is likely to fall to $ 3,500 levels.