BHPA Inc (BHPA)

[User-65225]

The reason why gaps usually fill in pennyland, is because these tickers are usually selling stock and gaps cause traders to pause their buying, which allows the dilution to hammer it back down... but SRDPD has ZERO dilution. There is none they could dump if they wanted to and it will remain this way for many months, maybe years. For us to fill the gap, current holders need to turn bearish and start dumping decent amounts down to $5. Its possible, but my gut tells me we will see the price move higher without getting near that gap, esp if BTC keeps climbing. Time will tell.

Conclusion
There is an old saying that the market abhors a vacuum and all gaps will be filled. While this may have some merit for common and exhaustion gaps, holding positions waiting for breakout or runaway gaps to be filled can be devastating to your portfolio. Likewise, waiting to get onboard a trend by waiting for prices to fill a gap can cause you to miss the big move.

Nevertheless, gaps are a significant technical development in price action and chart analysis, and should not be ignored. Japanese candlestick analysis is filled with patterns that rely on gaps to fulfill their objectives.

https://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:gaps_and_gap_analysis