AEV 13.3% 1.3¢ avenira limited

perfect continuation gap

  1. 12,287 Posts.
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    Well this has ben a perfect example of just how pathetic most of the Hotcopper herd are when it comes to gaps.

    At the mere sign of a gap, they pee themselves as they line up to sell.

    Sad & pathetic.

    However to those that ACTUALLY know what gaps are about, and that gaps can actualy be very bullish signals, the MAK gap at 73 cents created a great buy signal.

    It clearly proved to be a "continuation gap" signaling a further run was coming.

    It also gave a target to aim for of about $1.30 .. you can see that the gap is in the middle of the run - between 20cents & $1.30.

    A consolidation around here will be helpful.

    Whatever happens, we still have very few sellers around, profit takers seem to be easily soaked up, so technically anything could still happen. Fundamentally, well we all know where MAK is going .... much higher.

    Who was the whacker agian who said "the gap WILL be filled?"


    Well he made a nice $1000.00 profit no doubt!!

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