Hi @MinaPlaya
I am always interested in charts, charting and implications on known patterns and events … in your current case, gaps.
I firmly believe charts embody all that is known/suspected by combined market players and hence why they so often preempt/telegraph market events (yes there are quite a few sceptics, on this Technical Analysis thread).
I see the big gap you are talking about, but there is also another earlier in the same year around $13 … would you not wait for that one instead?
Are gaps on daily or weekly charts considered differently.
Do gaps ALWAYS close … a have to admit circa $18-18 and $13 seems wishful thinking, so your reply comments would be welcomed … I was just being light hearted with the Rip Van Winkel photo.
Cheers
Dex
FMG Technical Analysis, page-11147
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