GREY:EPWCF - Post by User
Comment by
inviolablspiriton Feb 11, 2021 3:10pm
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Post# 32543287
RE:RE:gap
RE:RE:gapI agree with danno33, the charts don't often lie. However, not all gaps need to be filled when news is substantial and on high volume and the stock still remains undervalued. The fact that the stock skipped entirely over the 50 cent range, I can certainly see that gap being filled, but not anything lower. We just had an ascending triangle breakout where a new support level will form at a higher level. If stocks didn't do this they would never move up and remain at higher levels. This stock has so many more news releases to come. Once we hit $1.00 the stock will attract new investors and insitiutions. There are many institutions that can't buy stocks below $1.00 due to how the fund is set up. Once we break a dollar we could see a rapid movement with those types of funds loading up at the lowest price that they can load up at. That may hold the stock down for a bit for the load up, but then we're off to the races again.