is prr going to close the gap at 12?, page-7

The Gap is actually between .135 and .15

and based on current extended standard error channel trajectory and last two days price candles It appears doubtful, (I prepared the charts earlier when the price was higher....As the day progresses it does appear to be testing the 175 support (which needs to hold imo)

There was also an earlier gap at the current .175 level which is also a Fib retrace level, It also duplicates on an earlier Fib set support level, when you read the longer term weekly chart...

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heres a quick read on the Red standard error channels..
Price movements are characterized by swings from one extreme to the other. Markets reflect the collective mood if its participants. When market participants are overly optimistic, prices are driven up at an unsustainable rate. Likewise, when market participants are overly pessimistic, prices are beaten down at an unsustainable rate. The keywords here are "extreme" and "unsustainable." Even the most raging bull markets or violent bear markets will either pause for a breather or reverse temporarily.

Markets tend to have an equilibrium point (i.e., a point towards which prices tend to be drawn). Linear regression analysis is helpful in determining where this "balancing point" lies. On the other hand, standard error analysis is helpful in determining where the "extremes" lie.
Standard Error Channels can be used to enhance several types of technical analysis techniques. Here are some ideas:

· Validate candlestick patterns. Enter long on bullish engulfing lines only if they have formed below the bottom channel line.
· Validate overbought/oversold signals. Close long (or enter short) when the Stochastic falls below 80, volume is above average, and prices have recently fallen below the top channel line.
· Validate support/resistance breakouts. If prices have broken above a long-term resistance level, yet volume is suspiciously light, wait until the prices break above the upper channel on above average volume. ....

Having said that, If todays close is below the open, It will not be a bullish reversal pattern and .145 comes back into contention, strewth picking bottoms is an unhealthy pursuite....good luck

heres the support at 145

heres the intraday( dynamic refresh chart on 20 min delayed data feed)