lowtrade

[lowtrade]

Hate to break it to you. But they are gaps. And 90% of common gaps do fill. Granted those gaps shown are very small. Hope your correct and you guys holding FNMA bags get out of the hole sooner then later. Buy historically island reversal patterns take months, not weeks to fill the first runaway gap. Good luck.
By the way, if your a BBand trader; the Middle Bollinger band is called the 20 day moving average. And when trading trend, using the BBands, the cross of the 20 MA is usually a signal of possible reversal. As during trend price normally bounces between the 20 day and trend direction band. Upper or lower. Up trend /Down trend. It's only during non trending price a cross leans toward cross direction.

You have a flag pattern on your side. Gaps & BBands aren't though.
The BBand being in a down trend, a cross indicates reversal back down. Keeping the price between the 20 day and lower band line.