CCC continental coal limited

what about gap on 14-15 july last year?, page-2

  1. 6,620 Posts.
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    You, my friend, are dreaming.

    Firstly for fundamental reasons..

    The top of that gap is 5.4cents, and if the stock traded at that price, the company would have a fully diluted market cap under $200M. Think about that figure and compare it to what the company is developing at the moment. It just won't happen.

    Secondly for technical reasons...

    Some gaps are left untouched. That gap up from 4.4c to 5.4c is best described as a breakaway gap.

    http://www.investopedia.com/terms/b/breakawaygap.asp

    By all means, put a buy order in at the bottom of the gap if you want; but you will get filled :)
 
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