Hey lads All the gappers will be filled.,Each represents, a major support.
What is a gap up??? Stock opens much higher in price than previous day's close.
What's the guideline?? The gap up is for selling.
Why??? Most of the time the "Gap up" us filled. Meaning the share price falls back to the initual share price where the gap up ocurred.
Laddy's . The Gap will be filled--today's Gap beginning at $7.16
The next gap up of $6.5... or so last Thursday will also be filled---meaning share price will fall back to this level.
And, the 200 day, 100 day, 50 day, 20 day, 5 day moving averages also represent support levels---and so APHA will likely test each of these levels between now and Jan 12 2021.
I refuse to be a bagholder. The bag and hold strategy is for losers lads.