![](https://investorshub.advfn.com/uicon/671757.png?cb=1712137507)
Friday, April 09, 2021 11:01:16 AM
Nope...look closely at the chart I posted and then look at this gap:
The close of 1/29/21 was .56
The low of 2/1/21 was .66
Many traders believe a gap must occur between the high of one day and the low of the next. No...you cannot ignore the gaps that occur between THE CLOSE of one day and the low of the next. There is a gaping .10 gap between 1/29/21 and 2/1/21... but the low of 3/5 was only .60. It would have had to go down to .56 to fill it...and it did not.
Make sense...?
"It never was my thinking that made the big money for me. It always was the sitting. Got that? My sitting tight!" - Reminiscences of a Stock Operator -
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM