GAPS don't show on line charts ,you need to look at candlestick charts to see them . Basically it happens when the highest price , including tails , ( the sticky up bits ) is lower than the opening price on the following day. Or the reverse if the price is dropping . If you go to the share charts on here , change the line to candlestick and look at 25th July , you'll see the big GAP starting at 328 . So far the price hasn't dropped back to that level , so the GAP hasn't been closed . So what ? ..... Generally the market tends to close GAPS , not always ,but they can offer a trading opportunity. If you Google GAP TRADING you'll get tons of information on the subject . It's a recognised trading strategy . ATB
As John said 328 ,whether it gets filled before the results is anybodies guess . America , Greece and Germany all weighing on the market today . More bad economic news nationally or globally could drop the price further but it could easily go the other way . As you often say , wait and see . ATB
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