The gap @ 1.8c on NAE did not close for a reason ... I waited for days and decided no chance and went on a buying spree ..
The gap up today was from the biggers players telling the small fry hold on and be patient ..
Gaps all depend on volume and power and vwap ... NAE volume huge vwap highest in 52 weeks ..
I trade gaps a lot and its very lucrative but these stocks did not have the power or the pre accumulation phase .. Hence the pros smack it back down ..
If a stock is in a uptrend and has a powerful move up and gap the pip traders start calling gaps,why they sold out the day before or they can't hold O/N lol and now are spewing ..
Overtime gaps may close but ST power is generally too strong on these stocks that meet both FA and TA ...
Speaking of gaps JCS closed the gap at 1.3c lately insane .. I bought a small holding in that area and just above ..
Seem some funny top call tweets lately
TS
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