BMN 1.81% $2.81 bannerman energy ltd

rjbaThe gap was between 105.5 - 107.5So technically is didnt...

  1. 12,455 Posts.
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    rjba

    The gap was between 105.5 - 107.5

    So technically is didnt fill completely ...

    Keep this in mind though, gaps are a measure of the psychology of traders. Either their over-enthusiasm to buy & therefore gap a stock up, or the converse, their over zealous selling to gap it down.

    So if a stock attempts to fill the gap, this often satisfies the market that the "error" has been corrected. I am not saying categorically that the gap wont eventually get filled, but the market might be satisfied that 105.5 is TOO cheap.

    IMO, forget the gap, the market has spoken!

    ;)
 
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