it doesn’t necessarily need to fill the gap. This could be...

it doesn’t necessarily need to fill the gap. This could be regarded as a breakaway gap. However if u look at the recent history of the chart, all gaps do tend to get closed - both on the upside and down. the one last year took many months to close. The move in June was closed in July. Now in July we have entered the gap. I do expect some consolidation in the 27-33 range with some initial support and attempts to consolidate at 32/33. The positive is volume is drying off. We need a few “boring” days to stabilize. Then we can ascertain what patterns are developing.
The other factor is there are a couple of gaps upwards too so let’s just all settle in. The company has cash in the bank. no further need to tap the market in the short term.