As stated on the chart, the gap up yesterday would be bullish if not closed after 3 days of trading - intraday does not count. So if the gap is closed during day trading but the price rebounds above the gap base then the we can remain positive. Once the 3 day test is ticked off then expect the gap to provide strong support during any market pullback. A fall and close below will undo all the positive action of the last 2 days. 3 day gap up theory was generously shared by one of our posters.
chart update for csl, page-32
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Last
$301.65 |
Change
2.340(0.78%) |
Mkt cap ! $145.8B | |||
| Open | High | Low | Value | Volume |
| $300.94 | $301.68 | $299.44 | $38.33M | 127.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16 | $301.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $301.64 | 25 | 1 |
View Market Depth
| Last trade - 12.46pm 15/10/2024 (20 minute delay) ? |
| CSL (ASX) Chart |