THD- I am no expert but I would say a target of 3.3 based on history and the previous close of 3.3
Gaps can come into play from way back when playing on technicals.
Having said that, needs to gain some momentum after todays open was clearly pushed by some bigger players before their exit and buy props were pulled at 3.6, 3.7 and 3.8. Up to the retailers now to drag volume back in, still intraday traders caught at the high also!!
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- Morning Traders 18 April Tuesday
Morning Traders 18 April Tuesday, page-62
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