sorry, but your chart is only 50% T/A as it is only a pessimistic view....
"There is an old saying that the market abhors a vacuum and all gaps will be filled. While this may have some merit for common and exhaustion gaps, holding positions waiting for breakout or runaway gaps to be filled can be devastating to your portfolio."
The gap you are referring to is a runaway gap....
"Runaway gaps are also called measuring gaps, and are best described as gaps that are caused by increased interest in the stock."
This couldn't describe the action with IAU better....
dare you to check out the fundamentals....LOL
chart 4 tribal1 , page-2
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Last
30.5¢ |
Change
0.005(1.67%) |
Mkt cap ! $174.7M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.5¢ | 30.0¢ | $170.7K | 556.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 108875 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 10000 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| A1M (ASX) Chart |