Hi B2
I am interested in your interpretation of what the gap in MAP represents.
As I see it there are 3 types of gaps. 1)breakaway 2) continuation and 3) exhaustion.
This one appears to be a breakaway gap, which suggests buying is very aggressive and sellers are thin. It usually suggests price action has higher probability of going in the same direction due to the buying action.
It appears you are interpreting different? You seem to be negative on the chart structure?
acturtle
Hi B2I am interested in your interpretation of what the gap in...
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $71.65M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 14.5¢ | $161.3K | 1.045M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 90047 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 331293 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MAP (ASX) Chart |