EABY Retest of Most Daily Bars PASSING AREA
This is my general observation sharing here.
When a Stock Daily Bars PASS thru a Price range band 2/3 of the time , in this case 10 days out of last 15 days, that Area ( small price range band of 25 cents in our case) will be Re-tested . Even this is True even after a big Upside Braekout which is the case for EBAY .
When a Stock Daily Bars PASS thru a Price range band 2/3 of the time , in this case 10 days out of last 15 days, that Area ( small price range band of 25 cents in our case) will be Re-tested . Even this is True even after a big Upside Braekout which is the case for EBAY .
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