Sorry Clifton missed this today.
Gap is certainly there at .845 and it nearly tagged it today. But as you probably know, I'm a bit of a gap fanatic as I want a tidy chart and gaps just make a mess but since i've been following this stock, gaps are very frequently created and subsequently closed and they really do have little relationship on the momentum. That's just my opinion, like to hear from others. Yes gaps are technical targets but they are not pivotal targets meaning if the gap at .845 closes in the morning, it doesn't mean that the SP is immediately going to reverse to the upside. There are far more important indicators to concentrate on over gaps but I certainly do like to see them close and use them as a bit of a "pay attention" signal.
The big breakaway gap is down at .58 but I'm not suggesting it will close hence calling it a breakaway.
Clifton I think I've posted this before but the biggest indicator I'm following for entries is the GOLD chart as it's been very accurate in regards to momentum.
Here's your current live chart and you can see how it follows BC8 like a dog on a leash. It tried to breakout to new highs but that resistance proved too strong............this time.
And here's your 30min and hourly charts with an 8/20 ema combination. You can see how easy it is to follow and when green candles start printing above the yellow 8ema set up your order. Apparently I'm giving advice if I say when I push the go button but if someone did enter when the yellow was heading up towards the pink and about to cross it then I would think that was a good idea.
Until then, let it fall. Don't try and outsmart the market.
Cheers
(20min delay)