Hi Dex.
I do agree, the chart movements and volumes are an insight to the minds of the people that are the market.
Humans have repeatable traits.
Hence a whole industry has grown around TA.
Gaps are my favorite chart item I like to watch.
Some companies' movement closes gaps within days, some months later. In varying ways, maybe a normal down trend or something as spectacular as a small day candle with an extremally long lower wick than the candle body that manages to just close a long past gap.
I do place more trust on a Friday/Monday gap being closed.
No not all gaps get closed. Especially in a company that has or is going through a re-rate, such as FMG has had recently and likely to again shortly.
DEG left a few gaps sub 10 cents after a re-rate to around $1.30 now.
Hi Dex.I do agree, the chart movements and volumes are an...
-
- There are more pages in this discussion • 165 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$21.14 |
Change
-0.535(2.47%) |
Mkt cap ! $65.58B | |||
| Open | High | Low | Value | Volume |
| $21.48 | $21.50 | $21.13 | $37.39M | 1.752M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 4157 | $21.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.14 | 1969 | 18 |
View Market Depth
| Last trade - 11.38am 26/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |