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CaptainGrumpy

4,594 Posts.

177

31/08/17

15:25

Post #: 26901894
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Originally posted by Orwell ↑

Soccer just saw your post. I dont know Altium, from the weekly its in an uptrend but id have to do some work on the chart to form a view.

As for the daily I mostly ignore that chart as noise as its very difficult to pick the smaller fluctuations like you seem to be trying to do. Nevertheless if I wanted to buy a stock and saw a daily gap like this Id probably wait for the pullback to get set. Most fill, depends on what drove it though, I assume results and some announcement. I notice they go ex-dividend tommorrow of 12c, which will be holding it up today.

If me I'd sit back and let it settle first rather than buy into this current volatility.

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agree with all that Orwell except think Soccer said he's already holding. I guess it all comes down to the time frame and RR you are running on a trade, as to whether it makes sense to worry about a potential gap fill or just block out the noise.

XMD Value at posting: 6,165.3
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