Re gap -upsI am not too familiar with T/A but can someone explain the rationale behind saying that a gap-up must be filled ?
I mean if people are willing to buy a stock after it has gapped-up and say there is good news or whatever then why does the stock have to come down before going back up ?
This may be a simple question for those with T/A knowledge but I must admit I do not understand it. Maybe it is like physics....what goes up must come down...but then I never understood physics either !