I've had the gaps charted for a while. I've heard many technical traders talk about gap fills on the NASDAQ, is there any gap-fill-success rate changes with stocks on the NYSE?
EBITDAtiger
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@mhermann18, I mean historically gaps fill 80-90% of the time but it's not foolproof. Lately all these gap downs will probably not be filled for a while and most won't be filled at all. Especially the companies that are unprofitable in a crowded space. I'd argue DNMR is a one of a kind stock and got caught up in the SPAC slaughter but overall based on prospects, partners, and the necessity for corporations to hit ESG mandates in order to not only abide by new regulations (which will get more onerous as time goes on) but also to be included in ESG funds so they can have more cash coming in from equity.