Half hour rule broke!
$Clearmind Medicine(CMND.US$ If i had time to trade this today! I would not! NFA JMO![]()
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Salmon Klein : ? what's that rule mister?
TrytosaveabitOP Salmon Klein: If a ticker gaps up and it don’t create a new low in 30 minutes! It’s likely to go higher! And vice versa! If it gaps down? And don’t create a new high in 30 minutes? High chance it will go lower. And vice versa! These rules have a very good track record for me! Not 100% but very reliable!
Salmon Klein TrytosaveabitOP: new low with respect to what? market, pre or afterhours?
Slug : Ty good knowledge
TrytosaveabitOP Salmon Klein: So if price closes at 1.50! Then PM it jumps up passed that! If it falls below the 1.50 in 30 minutes after that PI!
TrytosaveabitOP Salmon Klein: Now when market opens you can reset the 30 minutes if the gap is still there on the daily!
TrytosaveabitOP Slug: You’re welcome
Salmon Klein TrytosaveabitOP: thanks for the reply. so, if market close at 1, and in premarket it increases, you say that if it does not drop below closing price in half an hour it will keep increasing, is that? becajse my observation is that if price start lower than the close price it will increase at open ...not always though