Hello everybody,
I'm a little confused regarding TA in low liquidity stocks or you can say when a stock is consolidating in a narrow range with low volumes.
Problem:
When i see chart of such script is doesn't show actual open/high close.. eg the usually open very high or very low compared to actually price prevailing in the market.. is it appropriate to take it as it is or should i remove whipsaws and the apply TA..
http://img35.imageshack.us/img35/2396/visaka.jpg
Thanks,
enigmaticme
I'm a little confused regarding TA in low liquidity stocks or you can say when a stock is consolidating in a narrow range with low volumes.
Problem:
When i see chart of such script is doesn't show actual open/high close.. eg the usually open very high or very low compared to actually price prevailing in the market.. is it appropriate to take it as it is or should i remove whipsaws and the apply TA..
http://img35.imageshack.us/img35/2396/visaka.jpg
Thanks,
enigmaticme
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