InvestorsHub Logo

The Law (f/k/a emz)

01/22/21 10:12 AM

#67690 RE: BeeHaus2 #67687

I don't do technical analysis ever/at all but agree that most (but not all) gaps fill eventually

jay52

01/22/21 10:46 AM

#67704 RE: BeeHaus2 #67687

They tried to fill that gap twice yesterday and once this morning. When the float is locked up and the MMs can't put up big blocks on the ask to incite fear, they will have a hard time either closing gaps or triggering bear raids. That's a nice benefit to owning a winning stock.

Now, if something negative comes our way later, changing sentiment about the stock, then you'll likely see those gaps closed at some point...providing it doesn't breakaway first.

tl;dr as long as the blocks on the ask remain smallish (in the 100k to 500k range), we shouldn't see the heavy volatility normal to an OTC play. Our little baby will start trading like a "real" stock.