Daily price chart :- A gap in this context is where the price has a range during the day and opens the next trading day far enough above the previous days range for there to be a gap in the charts which represents a price range at which no shares were traded during that *immediate trading period based on current sentiment*, that current sentiment may last for days or weeks etc.
The theory goes that if there is a gap in the charts then at some time in the future it will trade again in that range and the gap will be filled. (So you might wait for it for some unknown reason ffs) If it is filled very shortly then there might be some merit to the theory but as it usually occurs weeks or months or even years apart then it is basically bunkum.
Collusion, Trickery, Sentiment and Fundamentals have far greater sway on the immediate pricing, in that order.
XPE Charts, page-1485
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Last
6.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.862M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 91166 | 6.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.5¢ | 182500 | 1 |
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| OAK (ASX) Chart |
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