My knowledge of this chartist/technical approach sounds as limited as yours. Having said that, I need much more convincing evidence that this theory always works, that gaps must always be filled, etc., because I doubt that this is the case
While it's certainly helpful to be aware of all forms of stock movement analysis, if you will, I am of the belief that there are such a multitude of intervening events that can happen, in our case, strong new fundamental happenings, that just can negate/overpower/ make no sense, in what the posters is saying the theory says?