While i am the first to admit I’m a gap trader in my trading account, once your past around 5 days and a drop of over 10% is required, you then need negative company / sector / Macro news to drop to create a full on retrace (eg .618% fib).
25% drop from here, or .618 fib retrace from today is required to fill it. It’s the only gap.
PLS also has a number of recent gaps open lower, so there could be a draw to them.
PLS also has a few gaps lower that will never fill.
US Debt ceiling drop is the likely catalyst IMO. Otherwise up against a lot off postive news flow here, plus Li carb prices rising.
OPEN A CFD if you believe it will occur.
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