There are two types of gaps in my opinion (a) a simple daily and (b) a break-away.
In theory a simple daily break can occur a multitude of times, a traders dream stock is one where there is medium level turnover with great fundamentals for a prolonged period i.e. AVB, a break-away gap is normally coupled by a huge volume spike based on fundamental forever company changing information.
Not all gaps need to be filled YET they 'normally' are, and with a stock like AVB I believe PGFin's approach is key OF COURSE one who understands both the technical and fundamental aspects of a company tries to take an initial 10,000 share parcel to 100,000 and then 1m - the key is to always keep two parcels, slowly building your LT parcel.
When the true break-away occurs you offload your trading parcel and sit tight for either a divi or T/O.
Just my thoughts.
Overall looking very, very solid!
NL
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