I guess there's more risk at these levels but it's looking less and less likely that many of the gaps will be filled. I think they are breakaway gaps. There's a gap where not one trade has happened between 1.16-1.235. I don't think this will ever be filled unless big disaster with company. The RSI (relative strength index) has dropped quite a lot to around mid 50 so it's almost definitely corrected. Hard to see it go below 1.7 unless the buying depth today was faked (1.3 mil trying to be bought at 1.75). Earnings are around the corner as well so that's why people are trying to get in. If I didn't own any shares I would go in at these levels but with a small parcel. GL![]()
- Forums
- ASX - By Stock
- UNS
- Burn them
Burn them, page-11
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)