@whatsup
Perfect example.
SFR was a break away gap. @strikerX - now lets have a look at your theory regarding the retrace.
Keep in mind this is one example.
High of previous day was 26.4 cents
Next trading day a low of 36.3 cents on 12.2 million
It ran up to 65 before dropping to 41 losing nearly 40% value.
Dont let anyone tell you a stock has to go up in a straight line and doesnt retrace.
In two months this traded as high as $2.56. The GAP has NEVER FILLED.
However some of your "pros" would have said the GAP has to fill.
D&H made the best comment earlier, let the market decide and adjust with it rather than vice versa!!
Whatsup, another great comment - Educate Yourself!
Last thing i would be doing is making decisions based on the 'pros' - Whoever they are?
Chart CHK, page-52
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.18M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $1.155K | 288.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 19667674 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 5503423 | 7 |
View Market Depth
| Last trade - 10.30am 18/09/2024 (20 minute delay) ? |
| ALR (ASX) Chart |