MEI 7.41% 14.5¢ meteoric resources nl

it's all about the volume. Breakaway gaps are less likely to get...

  1. 23,016 Posts.
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    it's all about the volume. Breakaway gaps are less likely to get filled. We want a big volume day again tomorrow imo.

    A breakaway gap with larger than average volume, or especially high volume, shows strong conviction in the gap direction. A volume increase on a breakout gap helps confirm that the price is likely to continue in the breakout direction. If the volume is low on a breakaway gap there is a greater chance of failure. A failed breakout occurs when the price gaps above resistance or below support but can't sustain the price and moves back into the prior trading range.
    https://www.investopedia.com/terms/...Breakaway Gap,no trading activity takes place.
 
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Last
14.5¢
Change
0.010(7.41%)
Mkt cap ! $288.5M
Open High Low Value Volume
14.5¢ 14.5¢ 13.8¢ $423.4K 3.003M

Buyers (Bids)

No. Vol. Price($)
29 1616524 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 1154553 11
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
MEI (ASX) Chart
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