I should add, people scoff at gap theory, saying that it's just a stupid self-fulfilling prophecy and I agree. But the thing about self-fulfilling prophecies is that they're fulfilled, the fact it's a stupid reason doesn't change the fact that it happens. Gaps without breakaway levels of volume do noticeably increase the chance of a SP retracing and it's foolish not to adjust for that. You can never guarantee anything but you have to do whatever you can to put the probabilities in your favour.
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2.5¢ |
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
3 | 162378 | 2.3¢ |
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Price($) | Vol. | No. |
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2.6¢ | 93135 | 2 |
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3 | 162378 | 0.023 |
1 | 45499 | 0.022 |
2 | 1452380 | 0.021 |
2 | 250000 | 0.020 |
1 | 1000000 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 93135 | 2 |
0.027 | 88723 | 1 |
0.028 | 42917 | 1 |
0.032 | 12428 | 1 |
0.033 | 150000 | 1 |
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