SSN 0.00% 1.5¢ samson oil & gas limited

No worries Chil we all learning here (regardless of some...

  1. 278 Posts.
    No worries Chil we all learning here (regardless of some posts!!) Runaway gaps are also called measuring gaps, and are best described as gaps that are caused by increased interest in the stock. For runaway gaps to the upside, it usually represents traders who did not get in during the initial move of the up trend and while waiting for a retracement in price, decided it was not going to happen. Increased buying interest happens all of a sudden, and the price gaps above the previous day's close. Alot of posts recently are talking about closing the gap where the share price will pull back to where the gap began (say 4.4c on SSN chart) I don't think it will, to much is at risk plus good 5 days of consolidation traders would be out.
 
watchlist Created with Sketch. Add SSN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.