I'm actually in favour of another opening gap tomorrow, based on current dynamics, I usually hesitate when the opening gap comes "before" the news, as after the news many will sell on "facts" & also filling the gap will be usuall action taken by brokers.
I've been trading in mining stocks for a while & do know that any site will not tell me the right thing to do.....I'm guilty of ramping sometimes myself :), the idea here is that I saw the pressure on buying & thought that may be I missed something, usually after an opening gap without news, market is usually divided between believers of the continuation & others trade to fill the gap....in this case...I see that no one is worried about the gap at all :)
cheers,
BLR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
