Gap filling beliefs are a product of TA and not of market fundamentals. Meaningful price jumps normally occur for fundamental reasons.
Each time a share price moves from say $2.00 to $2.01 it creates a 1 cent price gap.
If it were necessary for that gap to be filled then price would never move higher, because a gap above $2.00 would be continually created, requiring refilling.
This exemplifies how irrational is the self-fulfilling belief that price gaps need to be filled.
- Forums
- ASX - By Stock
- DRO
- DRO - Chart and TA.
DRO - Chart and TA., page-852
-
- There are more pages in this discussion • 971 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DRO (ASX) to my watchlist
(20min delay)
|
|||||
Last
85.0¢ |
Change
-0.105(11.0%) |
Mkt cap ! $741.2M |
Open | High | Low | Value | Volume |
95.0¢ | 95.0¢ | 84.5¢ | $17.80M | 20.21M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 37993 | 85.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
86.0¢ | 349403 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 27993 | 0.850 |
8 | 170951 | 0.845 |
22 | 114132 | 0.840 |
6 | 170776 | 0.835 |
11 | 71818 | 0.830 |
Price($) | Vol. | No. |
---|---|---|
0.860 | 349403 | 7 |
0.865 | 96001 | 3 |
0.870 | 221902 | 9 |
0.875 | 219438 | 4 |
0.880 | 2948 | 1 |
Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
Featured News
DRO (ASX) Chart |