Guys/Girls ,i looked at overnight the Encyclopedia of chart patterns written by thomas n bulkowski in regards to Gaps. my findings was that the gap from 23 to 28 c recently is a breakaway gap, a gap that signals a new trend because of the accompaning volume spike with the gap.
gaps of this type do not close quickly ,infact the probability for this to close in two week period is 2%.gaps close on an average of 61 to 168 days after this gap .
i will wait for more opportunity to top up down to 28c.,of which i see very low probability in next 2 to 15 days due to timeframe of news/ updates.
in for the long hall on this one .
keep an open mind.
correction over, page-9
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 15.5¢ | $143.0K | 897.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 147063 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 795942 | 6 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| CVN (ASX) Chart |