Happy to see that gap 2 at 62.5 (11/01/17) to 63.5 cents (12/01/17) on the daily closed. I might be completely off my lithium meds, but this gap had a whiff of a potential exhaustion gap, though the following volume wasn't too crazy (high).
Anyone here working with the Gartley's gap theory on our breakout gap (1) at 52.5 cents (30/12/16) to 53.5 cents (03/01/17). I am not sure how much the long trading break affects its importance. It's 40% climb is smack-on on the breakout price (37.5 cents). According to my calcs, Gartley's theory proposes that the breakout has steam to ~90 cents.
What was the projected price according to the cup & handle formation?
