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zip charting, page-292

  1. 22,593 Posts.
    hi gijoe, todays action was a gap up on very high volume with a narrow spread closing high. would be concerned abt its narrow spread on that kind of volume.... normally means either hidden selling or IF you are lucky maybe a tad of absorption volume happening. it also closed same as its open. we all know there is a ton of supply sitting to the left in 22Jun and the upper portion of 23Jun. needs to handle 23Jun firstly then we can see what may be on the cards

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