Monday, November 28, 2005 1:18:56 PM
chartinator - I agree
When a gap doesn't fill because of upward pressure, this is considered bullish.
Apart from the opening, look at where the heaviest volume was today - at the low of day. Bottom buyers came in heavy there, probably because they feared they wouldn't get filled if they waited for the gap to fill (whici is indeed what happened last Friday).
The gap, by the way, is $00.0005
that's one-half of one-tenth of a penny.
On a three month chart, you wouldn't see it.
Best to you,
Prof
When a gap doesn't fill because of upward pressure, this is considered bullish.
Apart from the opening, look at where the heaviest volume was today - at the low of day. Bottom buyers came in heavy there, probably because they feared they wouldn't get filled if they waited for the gap to fill (whici is indeed what happened last Friday).
The gap, by the way, is $00.0005
that's one-half of one-tenth of a penny.
On a three month chart, you wouldn't see it.
Best to you,
Prof
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