Well for a start, the oldest cliche is stating that a gap will fill without the slightest bit of back up evidence.
The other thing is that there is no gap at .028!
If you want to get technical there are 5 lower gaps that are open. Below chart displays them. Are you saying that they all need to be filled? Bollocks!
While a stock is rerating upwards there is no need to worry about lower gaps, focus on the upwards momentum as that momentum has little relevance to gaps caused by stronger demand.
When the stock cools off and wants to retrace then you can have a look for gaps to be closed but they don't need to be closed. IMO
Cheers
Chart Thread, page-30
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| No. | Vol. | Price($) |
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| 2 | 33023 | 13.0¢ |
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| 13.5¢ | 99937 | 1 |
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