Now know nothing about gaps or why they get filled.
But that gap was because of the price sensitive announcement of the PLUTONIC ACQUISITION.
Would this be classed as a breakaway gap
From a bit or googling, 2 quotes that may be relevant
"Breakaway gap: Sometimes the price doesn’t return to fill the gap for many months or even years — if ever. When the fundamentals of a security change dramatically, why would market participants sell it back down to the level it was before the big event? Conditions have changed permanently and so has the price of the security...."
and
"....waiting to get on-board a trend by waiting for prices to fill a gap can cause you to miss the big move..."
Now know nothing about gaps or why they get filled.But that gap...
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Last
$14.87 |
Change
-0.230(1.52%) |
Mkt cap ! $17.08B | |||
| Open | High | Low | Value | Volume |
| $14.92 | $14.98 | $14.83 | $28.84M | 1.948M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1368 | $14.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.88 | 5887 | 1 |
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| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| NST (ASX) Chart |