If people are really concerned with gaps on the chart, expand your time horizon and you will see the biggest gap on the weekly is between 44 and 50. The 38.2% fibbo retracement of that decline comes in around 53c
How well did the two recent flag and pole formations play out. ? Perfectly.
On a monthly chart we might just have to consider a new pole formation is shaping up, that may not have topped out yet. When it does , the next flag consolidation breakout could see this next target in the 50-60 band, minimum, higher if this move continues with a higher high next month.
IMUGENE CHART. TA only, page-865
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