gap is filled, page-4

Mr Man. A gap is created when a share opens at a significantly higher (or lower) price than its closing price the day before.This happenned with CCC on the 15th July last year when the opening price was 5.5cents while closing at 4.4 the day before. the gap is most obvious on candlestick charts.
For various reasons technical analists don't like gaps, and the theory is that somewhere along the line, maybe even a year or more later the price will move back down and fill the gap. you would be amazed how often this occurs, no matter what the fundamentals. The tech heads will now sleep easier. Hope this has been helpful.