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.
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Last
$26.67 |
Change
-0.325(1.20%) |
Mkt cap ! $83.10B |
Open | High | Low | Value | Volume |
$26.70 | $26.82 | $26.48 | $19.88M | 748.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 2513 | $26.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$26.67 | 6336 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 1973 | 26.640 |
7 | 3123 | 26.630 |
8 | 3207 | 26.620 |
7 | 10065 | 26.610 |
10 | 2930 | 26.600 |
Price($) | Vol. | No. |
---|---|---|
26.660 | 1064 | 11 |
26.670 | 8295 | 12 |
26.680 | 4185 | 11 |
26.690 | 2418 | 7 |
26.700 | 4461 | 8 |
Last trade - 10.44am 24/05/2024 (20 minute delay) ? |
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Last
$26.76 |
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Change
-0.325 ( 0.70 %) |
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Open | High | Low | Volume | ||
$26.70 | $26.76 | $26.48 | 116231 | ||
Last updated 11.04am 24/05/2024 ? |
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FMG (ASX) Chart |