Agreed, not all gaps fill, but they tend to here.
Gap fill $1.15 allowed my last re entry after it had run to low $1.20s.
I was a bit more conservative yesterday at $1.21, in case that gap only partially filled which sometimes happens.
Kept some powder dry for $1.15-$1.17. I expect that to get hit when the PLS quarterly drops, (as it is a proxy for the sector and profits will be down.)
Your understandings are way ahead of mine, but I use a couple basic things that seem to work.
The stock tends to respect fibs, gaps etc and guys like you put a more structured chart framework around that.
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Last
$1.43 |
Change
0.025(1.79%) |
Mkt cap ! $3.454B | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.43 | $1.38 | $15.16M | 10.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 89338 | $1.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.43 | 99382 | 10 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
$1.41 |
Change
0.025 ( 0.24 %) |
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| Open | High | Low | Volume | ||
| $1.40 | $1.42 | $1.38 | 2394503 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| LTR (ASX) Chart |