GKP

I would need to have a look Richard. Not on laptop. There is a gap in the 20p area from memory. It is not unusual to test a psychological area, e.g. 50, so we might see a dip below that: 49? 48?

This share is in trouble as we know. The only possible good news out there is production and that's not enough. Getting into profit might do some good. All news is bad lately. Holders must be suicidal.

We tested rsi support today. As always volume is what I wait for. I would have expected the bottom of the gap today with high volume. Maybe tomorrow. Look at the candles and volume on the first test of 61. That would do it but tricky to get near the lows as it happens quickly. I got 67 last time but should have done better.

GL
F4T

I am having a nibble, testing the gap, bought at just over 56, I am guessing if it touches 54 it will not be for long and could bounce quite fast.

or ..... it does none of those things .......

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.

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

Do you consider the gap to have closed?

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.