Alpine 4 Holdings Inc (ALPP)

[foxi]

Price jumped way up in premarket trading on 10/14 as investors reacted bullishly to news. That left a gap where the closing price and the opening price didn't match up. A much smaller gap occurred on 10/18.

Usually the market tries to fill in the missing volume around such gaps to help establish where the support and resistance levels are.

Also, the recent high was a 100% gain for a lot of folks. Great time to take profit.

There's another metric on my chart called Volume Zone Oscillator. It shows how far out of the 'neutral zone' bears and bulls are willing to trade. There's a clear shift into bull territory since 10/13. The Nasdaq uplisting opens the door to investors who trade on apps like Webull and Robinhood, and others who won't touch OTC stocks. Watch for strong buy volume tomorrow if new investors are interested in the company. (If instead we see a selloff, this'll likely dip to as low as $3.15 to fill in that gap)