Shorters support group, page-75

I absolutely agree with your view, the belief that gaps must or need to be filled is a TA religion.
It would always work if every participant believed in it and did not move before the gaps are filled.
BTW according to my charts (ASX), the most recent gap is at $1.08 not $1.07.
We've also had a gap on 17/03/22 between $1.36 and $1.39, it got filled on the 10/05 and later when Promnitz sold on 21/06/22. However, the share price reached $2.65 less than three weeks after the gap and it would be a mistake to wait until the gap is filled as well as buying after it has been filled.

On a related topic of trading skills and timing, I admire the intelligence of Steve Promnitz, almost every time the price was substantially higher after he sold his shares. Not only has he screwed long-term investors and put the company and management into disrepute but also he misses gains of $1 mil for every 10c of share price advance only from his last sale of 10M shares. It proves that big ego and weak psyche makes for poor investing outcomes.