e.Digital Corporation (fka EDIG)

[Justin]

'chwdrhed', EDIG last opened for trading at 0.145. The stock shows an intraday high of 0.170 and a low of 0.135 -a trading range of 25%. The last trade was at 0.160 volume showing 360,100 shares exchanging hands.

"Gaps" occur on charts when the lowest price at which a stock trades during one reference period is greater than the highest price from the preceding period. A price gap is significant to investors in that this can signal the beginning of a new leg in the broader trend or a change in overall direction. The share price for EDIG surged higher at the open by more than 15% from its previous close.

A positive opening gap this large is technical indication that demand far outweighed available supplies. Purchasers of the stock had to bid significantly higher to reach the next point at which holders were willing to sell shares of EDIG. Consult recent company news to see what may have sparked this heightened demand.