Whilst i often subscribe to the theory that 'all gaps must be filled', this is not always the case.
For completeness it would of been good to see this occur, however if you pull up the charts on many companies that move into their period of re-rating you will often see gaps created from an initial breakout that are sustained as the share price moves into a period of a larger / longer term upswing.
My guess is that it would probably take the broader market to capitulate back to 6,200 in the short term to shake out enough soft hands and the buying to step back in the current period with the potential of significant / company making news in the short term.
As the share price grinds higher and less stock hits the offer, things can get gappy / a little more volatile through this period. Get used to seeing the seeing the share price move in +2c ranges throughout the day.
GEV making a move, page-45
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Last
3.9¢ |
Change
-0.001(2.50%) |
Mkt cap ! $23.38M |
Open | High | Low | Value | Volume |
3.9¢ | 4.0¢ | 3.8¢ | $25.86K | 661.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 14689 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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4.1¢ | 110999 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 14689 | 0.039 |
11 | 427255 | 0.038 |
8 | 977350 | 0.037 |
4 | 157864 | 0.036 |
5 | 313414 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 110999 | 2 |
0.042 | 450089 | 3 |
0.043 | 177981 | 3 |
0.044 | 22000 | 2 |
0.045 | 222670 | 6 |
Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
4.0¢ |
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Change
-0.001 ( 0.00 %) |
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Open | High | Low | Volume | ||
4.0¢ | 4.0¢ | 3.9¢ | 300268 | ||
Last updated 14.13pm 28/05/2024 ? |
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