@lockitt
In conventional gap theory, there is only a gap if the trading range of day 1 is outside the trading range of day 0
Friday’s range was 7.3-7.6; todays was 7.5-7.6
IF todays was 7.7-7.8 (as an example); there would be a gap between todays low (7.7) and Fridays high (7.6)
Now please explain yours …
As to the decline in the SP since mid March; that is put to the delay in full recruitment, plane & simple. They previously guided end-March; whereas we are still waiting in late April.
You’re letting this fact enable your confirmation bias to think it’s due to gaps which aren’t there in conventional gap theory
@lockittIn conventional gap theory, there is only a gap if the...
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Last
7.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $68.51M | |||
| Open | High | Low | Value | Volume |
| 7.9¢ | 7.9¢ | 7.6¢ | $19.93K | 256.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 53821 | 7.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.7¢ | 184220 | 1 |
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| Last trade - 15.52pm 06/05/2024 (20 minute delay) ? |
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Last
7.7¢ |
Change
0.000 ( 1.28 %) |
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| Open | High | Low | Volume | ||
| 7.9¢ | 7.9¢ | 7.7¢ | 14800 | ||
| Last updated 15.52pm 06/05/2024 ? | |||||
| PER (ASX) Chart |