GKP

I'm with you EG. Gap not closed but volume ok. It will close first thing tomorrow IMO maybe with a bit of relish

What worries me here at the moment is that the bottom of the gap wasn't reached on a dramatic spike down and rapid bounce back accompanied by a sharp spike in volume. The SP has instead just kinda drifted down to 54.75 as I type (albeit decent volume overall today at 7m).

Is the dramatic rapid spike down still to come and to what? 48/49?

I too have dipped a cautious toe in at 55 but only 2K shares so far…..

Just gone long here @ 54.90, near enough to my target @ 54p,(what's a penny here and there, lol) for which i have been waiting a long time for!
Its also hit the bottom of the descending support. Will post a chart later.
I will add more if we get to the low 50's
Wonder what Wavesurfer makes of todays action??
Lets see how it goes from here.
regards,
trendfriend.

Do you consider the gap to have closed?

Supports below 53.75

40 horizontal
34.50 horizontal
13.25 - 18.50 Gap (final)

I would say that the horizontal supports are relatively weak

uk.advfn.com/p.php?pid=chartscreenshotsh...MU%3D&symbol=A%5EAPT

Hi SirRichardBunson,

This particular heat chart from MetaStock is based on the 52 week low, which was the latest event signal generated, there are other signals the chart can be based on such as RSI, CCI, etc.

On the right hand side is the scale that tells you the probability in percentage terms, so yes you are right the blue is lower probability and red is higher probability.