Lightspeed Commerce Inc T.LSPD

Possibility to close the gap at 34.00US

[Form001]

Or 46.00CDN.

[jboom70]

Again I insist you don't know what a gap is. There is trading data all through that range, there is nothing to fill.

[snowpest]

@jboom70 Actually there's a gap of $ 2.43 November 4th 2020 the hight was $45.52 November 5th 2020 the low was 47.95

[jboom70]

That gap is covered with data in October and in September of 2020 where it traded in that range. A Gap Up is where there is NO trading in a range...ever.

[snowpest]

Not true. I can send you a thousand example here's one. https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/trade-gaps-price-action-172355988.html

[pantonorr]

This post has been removed in accordance with Community Policy

[jboom70]

There are a thosand examples where that type of gap does not fill. Those type of gaps are all over charts. Tesla Nov 17 2020

[jboom70]

The ones that fill 99% of the time are where there is no tade data.

[1condor]

Just eyeballing the 3 year chart and you can see that the froth has for the most part been taken off the stock. I would see no problem starting to nibble at this price today (49.00 as I write this thread). It would take another major event (such as the early 2020 pandemic drubbing)..to get the stock below 40 bucks as some on here have mentioned.

[zalmonella]

I would see no problem starting to nibble at this price today (49.00 as I write this thread). It would take another major event (such as the early 2020 pandemic drubbing)..to get the stock below 40 bucks as some on here have mentioned. I'm not so sure yet.  Just eyeballing some basic metrics, particularly P/S for other payments processors which seem to range between 4 and 10 for the

[Form001]

Not far of 34.00US, probably tomorrow. Possibility to test 31.95US.

[1condor]

zalmonella..no doubt LSPD is getting caught up in the NAS (tech) selloff as well. Got a lot working against it at the current time. I have no idea where the bottom is but if ones plan is to stay long the stock then I still think nibbling at this level is reasonable.