Hi Dingo,
I'm actually in favour of another opening gap tomorrow, based on current dynamics, I usually hesitate when the opening gap comes "before" the news, as after the news many will sell on "facts" & also filling the gap will be usuall action taken by brokers.
I've been trading in mining stocks for a while & do know that any site will not tell me the right thing to do.....I'm guilty of ramping sometimes myself :), the idea here is that I saw the pressure on buying & thought that may be I missed something, usually after an opening gap without news, market is usually divided between believers of the continuation & others trade to fill the gap....in this case...I see that no one is worried about the gap at all :)
cheers,
- Forums
- ASX - By Stock
- BLR
- anyone is worried about the opening gap
anyone is worried about the opening gap, page-11
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BLR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online