statistically, most gaps get filled. Right now, CMG
has only partially filled the gap. At the moment, we have some overhead resistance from the 200 EMA
. Also the stochastics and RSI
are looking a little bearish
, but they can get imbedded at overbought levels for some time, which occurs in an extended run up.
So........ is CMG
going up, down, or nowhere? what are your thoughts???????