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Watching $BOTZ for a move above 36.00
I'm keeping an eye on $BOTZ here. It's been hovering around the 36.00 mark, which has acted as a bit of a resistance point recently, peaking at 36.025 earlier today. If we can get a sustained push above that level, especially with some volume behind it, I think there's potential for a move higher. The invalidation for this idea, for me, would be a clear rejection and close below today's low of 35.555.
3 comments · 1 points
Seems like a fairly tight range you're looking at for a breakout. What makes you think a move above 36.00 will hold this time, especially given the quick rejection earlier today?