Oh i didnt notice that, that would be a bit depressing if it filled that... i dont normally focus on gaps, but did have a quick look at some theory this morning, apparently there are different types.
That gap would fit the description of a 'breakaway gap' as described in the url below, it mentions;
"The point of the breakout now becomes the new support (if an upside breakout) or resistance (if a downside breakout). Don't fall into the trap of thinking this type of gap, if associated with good volume, will be filled soon. It might take a long time. Go with the fact that a new trend in the direction of the stock has taken place, and trade accordingly."
Actually the gap in November last year also looks a downward breakaway gap, so maybe we shouldn't put much weight to their significance.
https://school.stockcharts.com/doku.php?id=chart_analysis:gaps_and_gap_analysis
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TLS
telstra group limited
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Oh i didnt notice that, that would be a bit depressing if it...
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Last
$4.88 |
Change
-0.010(0.20%) |
Mkt cap ! $55.72B |
Open | High | Low | Value | Volume |
$4.88 | $4.91 | $4.84 | $96.51M | 19.81M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6400 | $4.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.89 | 252894 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 6400 | 4.870 |
3 | 207787 | 4.860 |
10 | 217968 | 4.850 |
12 | 39246 | 4.840 |
5 | 36551 | 4.830 |
Price($) | Vol. | No. |
---|---|---|
4.890 | 250894 | 6 |
4.900 | 545098 | 24 |
4.910 | 155505 | 14 |
4.920 | 157012 | 15 |
4.930 | 164002 | 11 |
Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
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