AND..........
Runaway Gaps
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. This type of runaway gap represents an almost panic state in traders. Also, a good uptrend can have runaway gaps caused by significant news events that cause new interest in the stock. In the chart below, note the significant increase in volume during and after the runaway gap
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:gaps_and_gap_analysi
maybe not today, but either of the 2 scearios above will come into play shortly IMO
Follow the money punters
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.525M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 200000 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 317375 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 200000 | 0.010 |
3 | 259333 | 0.009 |
6 | 2333000 | 0.008 |
3 | 750124 | 0.007 |
2 | 350000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 779033 | 2 |
0.013 | 500000 | 1 |
0.015 | 508103 | 2 |
0.020 | 18358 | 1 |
0.039 | 1281 | 1 |
Last trade - 10.13am 21/10/2024 (20 minute delay) ? |
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