As stated on the chart, the gap up yesterday would be bullish if not closed after 3 days of trading - intraday does not count. So if the gap is closed during day trading but the price rebounds above the gap base then the we can remain positive. Once the 3 day test is ticked off then expect the gap to provide strong support during any market pullback. A fall and close below will undo all the positive action of the last 2 days. 3 day gap up theory was generously shared by one of our posters.
As stated on the chart, the gap up yesterday would be bullish if...
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Last
$304.41 |
Change
2.110(0.70%) |
Mkt cap ! $147.1B | |||
| Open | High | Low | Value | Volume |
| $301.24 | $306.40 | $300.65 | $201.4M | 661.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 922 | $304.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $304.44 | 38 | 1 |
View Market Depth
| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| CSL (ASX) Chart |