CYBN finally breaks out of 2-weeks of basing support on a very high volume bull move, close at the high of the day. I would normally anticipate a lower high below 9.83 but if this massive volume (4.5x yesterday volume!) keeps up, bulls may be able to take that level out. We will learn more in the coming days!
Resistance: Daily 200 SMA, 9.16, 9.83
Supports: 7.28, 7.11 (big red flags if lost)
Resistance: Daily 200 SMA, 9.16, 9.83
Supports: 7.28, 7.11 (big red flags if lost)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.