PickStockWinners

The reason SCOK never broke out today, Heavy sell EOD

NASDAQ:SCOK   None
0
Many were on Stocktwits expecting the stock to break 7.5 (which it did) and go to 8+ but if you watched the price action on a 1 min chart you would be amazed at the volatility past the breakout point 7.5. Even though the stock was perking and gearing to the upside, it was doing so pre-maturely into supply (resistance) above. Not much support underneath, id be careful with this going forward.

Hope this helps

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.