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3,195 Posts.
33
05/09/12
09:51
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Bob1
Just curious, I hope you didn't short the XJO looking for a gap fill from March 2009 gap up...its still unfilled.
The gap at 6.1c with NWE may be filled, it may not. That was a fairly strong gap up, so may be a runaway gap...we will see.
There is also a gap at 5.2c and 4.5c from memory.
Downside gaps on stocks are more than likely filled when there is weakness, and upside ones when there is strength.
I personally dont see NWE as 'weak' based on current FA, but the market will decide where the price goes.
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