CXO 1.09% 9.3¢ core lithium ltd

Ann: Over Subscribed Placement to Accelerate Finniss Project-CXO.AX, page-41

  1. 24,192 Posts.
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    Well as stated an in response to your all gaps should or need to close theory on other threads ...If gaps go several days without filling then it is a very bullish signal (a breakaway gap)... if you have a rally with several unfilled gaps even more bullish again. So lets see if your gap at 8.8 to 10.5 can hold out for a few days here ... and again using your theory shouldn't the gap at 3.3 to 4.9c fill also for CXO ... Personally I don't think so I don't really believe in gap theory personally 8.8-10.5c should fill purely on fundamentals not because there is a gap on the chart .. Ie Large because dilution just occurred and there will be profit takers. Anyway you get my point ...
 
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