LTR 4.35% 77.0¢ liontown resources limited

FA & General Banter, page-15462

  1. 6,271 Posts.
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    With respect you may want to do a little research on gaps just to be sure you fully understand what a gap or gap-up like in this case is. After a high of 45c on Monday LTR closed at 44c. However today LTR opened at 46c, which depending on which school of TA you following there is either a 1 or 2c gap up. Sadly the 48.5c high from 11.Jan 2021 doesn't even get into this at all!
    Just for future reference here is a link to some easy reading on gaps to get you going https://www.investopedia.com/terms/g/gap.asp

    https://hotcopper.com.au/data/attachments/2963/2963111-ccc1ed87541a02aa38d91ed0580b0ae2.jpg

    Today's LTR opening gap or GAP caused by the announcement? Some say a gap needs to be covered by the CS's bodies and not just the CS's shadows, some are happy with a CS's shadow touching level of another CS's shadow or body. Personally I call gaps which are closed only by shadows a weak point in the chart. However let's not forget that depending on the type of the gap some gaps may never close!
 
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