GRNQ has crossed up through $2.23 to a value of $2.30, but could not hold. This was a “False Breakout”. Avoid.
Note: Buy Alert on GRNQ (Day Trade)
Buy above $2.23 on high Volume with a 5% Trailing Sell Stop Loss.
Price alert on GRNQ
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seems to be a fakeout when it pops like that and immediately comes back right?
or, is that an automatic trigger and since it broke above 2.23 buy and have a stop?
Yes, it’s called a “False Break Out”.
Old Resistance should become Support.