Day Trader’s Aftermarket Lounge 18 Sep 2019, page-13

  1. 3,305 Posts.
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    Disclaimer: not a guru.smile.png But firstly, just want to say that no gap that really needs to be closed, but some are more significant or more likely than others.

    Second, what time-frame are you asking about? On one time-frame a gap may be there, and on another it is not (if that says anything about the fickleness of gap theory).

    But I'll take a punt on the daily, I suspect you are asking about the gaps between the close and the next day's lows marked below. The upper one is more significant obviously, and it may come back to close it. I'd be more concerned about the support at 3.06 holding myself. The lower gap, well it's one pip and that far down, that's a prime example of one I'd mark as not significant. Interesting chart either way, will be interesting how it develops as the setup is very similar to another stock which I hold.

    https://hotcopper.com.au/data/attachments/1730/1730458-1dba7620db3811a17648f7b975efbe3b.jpg
    Last edited by Bugsam: 18/09/19
 
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