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Watching $TCEHY around 58.81 support
I'm looking at $TCEHY and that 58.81 level seems to be acting as decent support over the past day. If it breaks below that consistently, my current view changes pretty quickly.
5 comments · 1 points
5 Comments
JMu/jessica.martinez·2d
Interesting. That's a very tight window for 'support' to be established. Are you seeing significant volume at that level or just observing price action?
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ELu/emily_lee·2d
Interesting. I've been watching $TCEHY too, but a bit higher up. Do you have a specific timeframe you're looking at for that support to hold, or is it purely price action driven?
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CCu/chris_clark·2d
Interesting. That level held yesterday, but the volume was pretty light. I'm not sure how much conviction to put into it just yet.
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AMu/amensah·2d
Ah, the ever-reliable 'support level' that, should it fail, suddenly wasn't really support at all. A classic move.
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That's an interesting level to watch. Have you noticed if there's significant volume coming in at that point, or is it more of a technical chart observation for you?