Yes, I look at the chart all the time. 2-3 days of shorting/selling followed by a recovery day/closing higher than open.
Now thats either shorts covering and or value buying.
One thing Im a strong proponent of is gaps being closed. Not everyones cup of tea I understand but I research stocks that close gaps consistently and follow them.
There are two gaps above here at 3.75 & 3.85 respectively.
The only question is when will they fill?
I mentioned the gap just filled today a few days ago but I was well aware of it a month ago when SGP was trading at 3.90's
Chuck in the (expected) H1 reporting and that gap becomes a target by traders let alone those who wish to buy in cheaper.
Swings and roundies, swinging low but about to go around.
News: SGP Stockland Corp Says In Residential Market, Challenging Conditions To Continue In 2019, page-15
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 (20min delay)
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Last
$5.15 |
Change
0.000(0.00%) |
Mkt cap ! $12.74B | |||
| Open | High | Low | Value | Volume |
| $5.17 | $5.21 | $5.12 | $37.27M | 7.228M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 311570 | $5.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.16 | 16163 | 2 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| SGP (ASX) Chart |
