As stated on the chart, the gap up yesterday would be bullish if not closed after 3 days of trading - intraday does not count. So if the gap is closed during day trading but the price rebounds above the gap base then the we can remain positive. Once the 3 day test is ticked off then expect the gap to provide strong support during any market pullback. A fall and close below will undo all the positive action of the last 2 days. 3 day gap up theory was generously shared by one of our posters.
chart update for csl, page-32
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Last
$302.04 |
Change
4.380(1.47%) |
Mkt cap ! $145.9B | |||
| Open | High | Low | Value | Volume |
| $300.00 | $302.49 | $299.34 | $178.5M | 592.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 285 | $302.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $302.10 | 67 | 1 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| CSL (ASX) Chart |