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re: BlackBerry transformation - time to buy is now

Posted on 1/19/21 at 8:15 am to
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5423 posts
Posted on 1/19/21 at 8:15 am to
Are you at all worried about the gap at 6.16?
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30672 posts
Posted on 1/19/21 at 8:24 am to
quote:

Are you at all worried about the gap at 6.16?

Not particularly but that’s a good catch. It almost filled but yea about $0.50 was not filled. Some gaps are never filled, and some it takes a very long time to fill. Again it’s not something very well understood, but short term gaps near a current price action tend to fill the most often, specifically when upward or downward pressure slows. A classic cup and handle chart will usually feature gap fills during both the cup and the handle
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