Replies to post #209441 on Fannie Mae-No Politics (FNMA)

[SurrealPhoton]

"However during trading today the stock came down and 'covered' that gap. "

The low today was 3.84 and the close yesterday was 3.80 then I understand there is still a gap between 3.80 and 3.84, or how that gap was covered?

[ada]

How can you say the gap filled when it didn't go down to 3.80? There is still a gap today from 3.80 to 3.85. Just because it hit 3.80 yesterday doesn't mean there isn't a gap today. Not trying to argue just trying to understand this.

[ada]

So if what you are saying us true a gap has nothing to do with the closing and opening prices but the low if the day and the previous high of day.