But you have to appreciate the fact that sometimes traders will not buy or sell until certain gaps close which is a self-fulfilling prophecy in a way.
Take a look at BKP. It took a few months fot the gap at 1.5c to close and i bet the traders out there waited for it to close before they started the buying pressure just recently.
Gap theory is very complicated and i would never just assume gaps fill because they are there. Much though goes into every decision, even though sometimes i dont show my reasons but i am happy to explain myself if anyone asks, i just dont like wasting my time if i dont have to.
ROB Price at posting:
1.8¢ Sentiment: Sell Disclosure: Not Held