MOST all "Gaps" fill. They are caused by "retail emotion", and when emotion leaves, the long share holders, bring the stock price back to a reasonable, average new price level.
"Gaps" don't need to fill. They normally do!
90% of all "Gaps" fill !
"Emotion" causes the "Gaps" in price!
If you see a "Gap", expect the price to come back and correct the emotion!
When some news event, or, manipulation happens, the price swings to extreme, leaving "gaps" in the price, from the previous day close, to the next mornings open.
A "Gap" is seen, when the day before's close price, is lower then the next mornings open price, or vice versa.
There are 4 types of gaps: > Common Gaps > Breakaway Gaps > Runaway Gaps > Exhaustion Gaps
Common Gaps are always closed. They occur with a one day pop, usually, and the lack of a second day continuation, shows why they fill! There is NO real emotion.
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