RE:Question
Filling the gap
When a stock spikes up higher at the open then the previous days close it leaves a gap in the chart. Most of the time the stock will trade down to fill the gap and then move back up if it's in an uptrend.
This happened last week when stock traded in the 1.50 to 1.80 range then sold off down to 1.01- 1.06 to close a gap then came roaring back.