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0.5¢ ovanti limited

0.2 Gap now closed, page-16

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Samyvalue

680 Posts.

65

01/08/21

20:05

Post #: 54943559
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Originally posted by 85deano: ↑

It's because until Friday there was a gap at .20 on the charts. Most chartists believe that gaps usually close/fill. A gap is created when a stock opens either higher or lower than it closed the day before (gapping up or down) and obviously doesn't fill until the price passes back through that point. A lot of people believe that this 20c gap needed to fill before it could take off again. That's what the relief is about

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Anyone thinking 20c is the low now and it wont go any lower as the gal is now filled? Would like to see a period of flat lining before we can confirm where the low is.

Would the instos try to tickle afew stop losses whilst they are at it now with potential stop losses likely set around our current sp support levels which is 20c?

Also the US indexes are abit frothy at the moment so who knows..

Last edited by Samyvalue: 01/08/21

IOU Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $6.090M

Open	High	Low	Value	Volume
0.4¢	0.5¢	0.4¢	$505	101.1K

Buyers (Bids)

No.	Vol.	Price($)
6	1580735	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	6838436	14

View Market Depth

No.	Vol.	Price($)
6	1580735	0.004
27	19563364	0.003
10	15205000	0.002
5	19799999	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	6838436	14
0.006	2535578	6
0.007	2053165	7
0.008	2685714	5
0.009	1100000	2

Last trade - 11.00am 21/08/2024 (20 minute delay)

OVT (ASX) Chart

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