Then I probably shouldn't mention the gap at $26.97? Or the partial gap at $26.24? And definitely shouldn't mention the gap at $24...
Apparently they say that most gaps will close within 3 months on common stocks but APT isn't common it's a unicorn so same rules shouldn't apply right?
However it does seem that the mm doesn't like having open gaps as there's quite a few that have been closed to the cent before running again. But that's probably just coincidence so should be sweet...
Shouldn't bother LT holders as gap closure is part of any normal trading pattern. But for those with a short to medium term outlook I'd start trading on probability not hope - I find it's more consistent.
Some gaps may never close, so you could hold onto that. But those gaps are always reserved for full blown bull runs...
Would a heavily discounted SPP be a good catalyst for a bull run? Asking for a friend...
APT Price at posting:
$29.88 Sentiment: Sell Disclosure: Not Held