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Re: TripTrap post# 18493

Tuesday, 06/08/2021 10:09:11 AM

Tuesday, June 08, 2021 10:09:11 AM

Post# of 37839
An obvious next area of resistance is .80 which was the high of week 4/19 which has been containing price for the last 8 weeks...

Also please note we did have a small up gap this morning. Yesterday closed at .64. Today's low is .65...that's a gap folks. Tiny but a gap. However I am expecting a much larger gap when news comes out one of these days before the market opens. I've had this discussion many times but... NOT ALL GAPS GET FILLED IN THE STOCK MARKET. Look at the beginning of most stocks that broke into a major up trend...like AMZN, or a million other stocks, and you will see breakaway gaps near the beginning of their huge moves...

"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 -