hey ! it looks like we is being uslurped by gap chatters on todays new thread......lol
(nice chart Hotfire)
but now its the "upper gaps" , By the way a breakaway gap is caused by such things as financial rerating, So the recent residual gap up from 152, Is based on the court outcome of a lower repayment (debt) to CHM. It certainly seems the 163 was as far as it will go, Looks now like there will be further sideways accumulation in the 170 region until vols build . Its a bullish close on another new high today but it also has an upper shadow
OK ....this gap chap may be a little extreme but he is synchronised...
MMX Price at posting:
$1.72 Sentiment: None Disclosure: Held