XLK has been in a compression phase for 18 days. The chart shows a marked consolidation pattern, with the price moving within a defined range. This type of movement often precedes a significant breakout. Traders monitoring this action are paying close attention to support and resistance levels. What will be the next price move?
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RegenRestorer
· 01-09 20:24
Been holding for 18 days, this time it has to break through, or else it's really going to be suffocating.
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ruggedSoBadLMAO
· 01-09 20:18
18 days of consolidation... just waiting for the breakout, either a drop or a rise, 50/50 chance haha
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PebbleHander
· 01-09 20:14
Compressed for 18 days, this time it won't be a false breakout again, right?
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AirdropHarvester
· 01-09 20:05
I've been holding for 18 days. If this resistance level doesn't break, I'm going to be broke.
XLK has been in a compression phase for 18 days. The chart shows a marked consolidation pattern, with the price moving within a defined range. This type of movement often precedes a significant breakout. Traders monitoring this action are paying close attention to support and resistance levels. What will be the next price move?