RGL 0.00% 0.6¢ riversgold limited

Yes mate, the type of gap you're referring to is a...

  1. 2,398 Posts.
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    Yes mate, the type of gap you're referring to is a 'full gap up' and what I'm referring to is a 'partial gap up'.

    In my experience partial gaps fill almost as often as full gaps.

    Although because full gaps are much easier to spot on the chart they almost become a self fulfilling prophecy, so their close rate may be a little higher.

    One thing that you will see with a full gap is the initial move will be much stronger. What that translates to later I guess will depend on each individual stocks story.

    *On a side note - RGL had a very strong day today and finished above its short term resistance.
    Hopefully resistance now becomes support and translates into some bullish gains for holders.

    GLTAH
    https://hotcopper.com.au/data/attachments/2812/2812174-e96c3302768686c4b5481515fe9a419f.jpg
 
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