gap closing

Everyone raves on when a stock gaps UP ... "the gap must be filled" ... "the gap must be filled"

But the converse is just as powerful ... this stock free-fell making a MASSIVE gap DOWN a few months back!

Well that gap is yawning like a massive chasm waiting to be filled ... CDU will fill this gap IMO as the gap was not a Breakaway gap, but a same day Exhaustion gap on bad news.


This has also effectively left CDU with a large ISLAND Formation. Its not a true Island Formation, and I doubt that we see a gap up for a true Island reversal, but the principle is in place for CDU to reverse its losses.

Technically looking MASSIVELY powerful atm