This stock tends to retrace and fill gaps that fall into normal gap low volume definition, I have only seen it do a deserted baby (as someone called it) once, where it left a small gap well behind however this latest run looks very much like a breakaway, the next week of trading, should provide an indication, if SP can consolidate and move higher from $16 we will have confirmation
The other recent large gap up and subsequent fall coincided with the markets plummeting in early November so the reversal and retrace was driven by overall sentiment directed from US
APT Price at posting:
$16.10 Sentiment: Buy Disclosure: Held
