The share was ex-dividend last week, and that how we ended up with that 'dividend gap' there.
Technically, these gaps usually get filled.
Interestingly we also have a gap to the downside, roughly between 140c and 148c, that was never filled.
As for which gap will be filled 1st, there is no way of telling.
Overall, for buying purposes, I'm provisionally looking at the 150c area, that is, I would want that gap to close 1st before initiating the next 'buy'.
Technically, these gaps usually get filled.
Interestingly we also have a gap to the downside, roughly between 140c and 148c, that was never filled.
As for which gap will be filled 1st, there is no way of telling.
Overall, for buying purposes, I'm provisionally looking at the 150c area, that is, I would want that gap to close 1st before initiating the next 'buy'.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.