well aaron think I made it pretty clear in my chart post that I'm looking at entering a Break Out Trade on Trading Halt Lift and the actual What is the News release.
Breakout is 20 cents so am prepared to enter at that figure. An Open Gap to say 20/22 would "suit",be OK BUT a Open Gap at or near 25 wouldn't.
Being a Rash Fellow I'd buy a 20cent Open Gap but hold off if it was closer 25.
So yes aaron I am looking to Buy the News, TH Lift BUT not a Gap Open that's 'excessive' 18/24 is a 33% Gap. Too risky that for Buying Initially IMO but as I said a 20/22 gap on 18 I'm Game for, depending on the volume, Shaping of the Auction etc etc blah blah Day Trader Theory whatever.
but aaron my nature/style is not of the long term. I'm really jaded of and by it. Things like following top 20 Substantial Holdings is a "Joke" when one knows that such holdings can be entity split by a Holder so they don't get Top 20 Rank yet actually hold a qualifying number/percent.
All very smoke'n'mirrors, cloak and dagger, Big End of Town trick/Joke on the Retail/Mums'n'Dads/ us Pilgrims to Mammon
cheers
KNL Price at posting:
17.0¢ Sentiment: Hold Disclosure: Not Held
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