"56.5c was the 28th of June high the 29th of June low was 56.75"
If this is a genuine gap (and has significance), and the lo of day (as I write) is 1.5c below @55c....what does that imply (if anything) for the gap analysis?
As I mentioned , Chart Support / Resistance - tested several times (both successful and rejected) tells us it's critical to hold above 56c.
Obviously I hope it does, but hope is not a strategy.
PS I use IRESS for intra-day, but it's limited in its features (but about to be upgraded...and indeed upgrade +1 will then use the following site for charting...read on).
Tradingview.com is the best (used a chart from thre earlier), and recently - at my own urging, I like to believe, but I might be deluded - provided ASX support (and prob *not* chi-X). As usual Aussies get screwed, with 20 mins delay, while, for example, all US quotes, commodities, currencies etc. are free (as is most - not all - of the site).
I pay for some features, but ASX still delayed, tho that's irrelevant when looking back for complete days, weeks etc, as we re doing now.
It's (tv) the charting engine used by CME, and the very popular investing.com (both stripped down)....... So I go straight to the source.
Thanks
PS Support is holding at 56.25 as I write
PLS Price at posting:
56.3¢ Sentiment: Hold Disclosure: Held
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(20min delay)