XMD 0.61% 9,483.1 s&p/asx midcap 50

G'day Jako, i know this inst the education thread so apologies...

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    G'day Jako, i know this inst the education thread so apologies for the off-topic post, but would you mind elaborating on your comment that the liquidity event was used to sell into? Is that simply because the price retraced all of the gain and filled the gap, or are you referring to the single gap up bar that closed in the bottom half of the daily range? I found it interesting that following the gap up the price kept closing near it's daily range high's on above average volume, which i would have found bullish at the time. Hoping to get an insight for the next time is see price action like this. Cheers
 
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