Goldtent TA Paradise

Royal Nickel Corp

1. Afasilver says:

   January 24, 2019 - 5:35 pm at 5:35 pm

   Both on RNX.TO and RNKLF there are a lot of gaps on the daily and weekly charts … should we care … do they need filled?

   • Triplehstocks says:

     January 24, 2019 - 9:58 pm at 9:58 pm

     Only care *if* the price gets to the top of the gaps. If you’re a short term trader and use stops, you can place a stop just below the top of the gap, to protect your position from additional loss on the gap fill downwards.

     If the price isn’t close to the top of the gap, wait and see. This is a volatile stock, however, so you might get whipsawed in a scenario in which the stock fills the gap, finds support at the bottom of the gap, then moves up above the gap.

     • Afasilver says:

       January 24, 2019 - 11:54 pm at 11:54 pm

       Good thoughts, thx Triplehstocks.