$EXK has just formed a breakout above the triangle resistance level. Although Tuesday's initial breakout failed to hold, today's price action has given bulls a new opportunity—a strong bullish candlestick has appeared again. From a technical perspective, this candlestick reflects sustained buying pressure. Buyers are testing the true strength of this key resistance zone, and consecutive touches of the same range indicate this is not random volatility. If this breakout can hold, it will open up further upside space. The key for the market right now is whether this level can be maintained, and whether subsequent volume can provide confirmation.
$EXK has just formed a breakout above the triangle resistance level. Although Tuesday's initial breakout failed to hold, today's price action has given bulls a new opportunity—a strong bullish candlestick has appeared again. From a technical perspective, this candlestick reflects sustained buying pressure. Buyers are testing the true strength of this key resistance zone, and consecutive touches of the same range indicate this is not random volatility. If this breakout can hold, it will open up further upside space. The key for the market right now is whether this level can be maintained, and whether subsequent volume can provide confirmation.