daytrades april 6 afternoon, page-121

  1. 9,543 Posts.
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    Kates9999,

    Looks like it is only two of us here thinking CAZ lol! I am baffled with how weak the close was. The sell stack is/was weak but then again the majority of sellers sit in the shadows with this stock.

    The VWAP was 51.14c, and the stock gapped up strongly from 47c to 48c and still closed at 50.5c. Why bother creating a gap if it is going to finish "only" 7.45% up?

    To me suggests that whoever bought early this morning was expecting an announcement of some sort during the day which did not materialise.

    On the positive side, this is the highest close CAZ has had in a long time.
 
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