I'm holding firm and don't believe the 52c gap will be filled. My interpretation was that this gap was underpinned by some substantive data ie reserves upgrade. On this basis I would describe it as a breakaway gap and am not therefore looking for it to be filled.
The subsequent gap at 56/57 I think was traders moving in...it's refill is basically those same traders unwinding what they now perceive as dis-interesting positions. This gap has been filled and I think represents an important support level.
Today is more about skittish markets and the sagging POO.
Having said the above some large parcels have been crossed so I am watching closely.
gap, page-2
-
- There are more pages in this discussion • 26 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 CVN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.5¢ | $556.2K | 3.435M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 271853 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 468186 | 5 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |