All this talk of the gap closing or not closing and then alluding to it is going to make any difference in a couple of weeks/months I find quite bemusing.
Obviously the markets, mostly the Dow/Nasdaq are driving our market here. If markets in the next few days move down by 3-5%, then without any PNV announcement, the gap will certainly be closed and likely under $1.00. Nothing to do with the gap being there, just market general movement.
I know this is a charting thread, so sure, gaps are important to be wary of for traders and entry points, but I'd suggest not be too concerned with the gap being some kind of magnet pulling the SP towards it!
PNV - Chart, page-12857
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Last
$2.64 |
Change
-0.010(0.38%) |
Mkt cap ! $1.823B | |||
| Open | High | Low | Value | Volume |
| $2.62 | $2.64 | $2.58 | $2.297M | 877.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2375 | $2.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.64 | 3584 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| PNV (ASX) Chart |