How can you tell if a stock can hold a breakaway gap or not?
TLG is my stock and I have resistance at 30 cents which has been broken and then the SP gaps up. It has recently had a raising at 20 cents that will be distributed early next week i think.
I see 30 as support now.......and if it is tested the gap will be closed.
What are the signs that it wont get tested?
Breakaway gap or not?
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Last
54.5¢ |
Change
-0.010(1.80%) |
Mkt cap ! $206.9M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 56.3¢ | 53.0¢ | $707.1K | 1.299M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20954 | 54.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.5¢ | 4905 | 1 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| TLG (ASX) Chart |