Nice chart - I like the swing thing, must try one myself.
The area between 37c (most recent resistance) and 40c is what is interesting me at the moment.
I have a half baked theory along the lines of "gaps tend to fill" that says its very rare for prices to cross through a price level only once in recent time and if they do it indicates particular bullish or bearishness.
In fact a gap is just an example of this in which the move occurs between ticks on the chart - whereas if the move occurs during the trading day you don't get a gap you get a large candle.
We will see. It is screaming out to me to be filled - but that is probably wishful thinking seeing I have an order right in the middle of it.
chartists, page-11
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Last
$1.90 |
Change
0.000(0.00%) |
Mkt cap ! $2.054B | |||
| Open | High | Low | Value | Volume |
| $1.89 | $1.90 | $1.87 | $6.734M | 3.598M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 11185 | $1.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.90 | 45172 | 3 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| GOR (ASX) Chart |