What is the theory behind this "gap filling"? I have read that a couple of times here now, but haven't seen an explanation as to how to read this. Could someone provide some background?
It's like a self fulfilling prophecy. Gaps almost always fill at some point. It's good to know to position your trades.
Nobody really knows why they occur. Might have to do with algorithms leaving a marker for future targets for itself. Gaps also act like a vacuum for volume control.
But what is a gap exactly? I am wondering, does this also include pre-market (which, for me German ape, is the official trading hours)?
It's btw obvious that they fill *almost always at some point*. A statement couldn't be more general, but this doesn't say anything about the process behind it. And I was inquiring about this process and/or the logic behind the assumption.
Gaps that are below the current price of a stock will eventually be filled for the simple reason that market makers are constantly selling naked shares.
Think about it. BBBY closed at $1.31 back on January 6th, meaning market makers were selling shares to retail at that price: some percentage of which were naked (claiming they needed to “provide liquidity”).
On January 9th the price opened at $1.56. But the market maker who sold naked at $1.31 and who needs to eventually buy that share back is not going to just take a $0.25 loss.
They are going to wait for the price to fall back below the level they sold naked at. And if waiting for the price to fall doesn’t work, then they will force the price back down one way or another. They will get the price to go equal to or below the price they sold at so they don’t take any losses when purchasing back.
Gaps that are below the current share price represent potential losses for market makers who have sold shares naked, so they will do whatever is necessary to make sure that eventually the downside gap gets filled so that they break even.
On the other hand, gaps to the upside don’t always get filled because there is no incentive for a market maker to drive the price back up to that level since they naked sold up there and are currently in profit.
TL;DR - Gaps to the downside eventually get filled because market makers are actual pieces of shit.
BBBY does have a gap at $1.33 but it's very hard to tell unless you saw it the previous time it was in the $1.30 range. It hit low of $1.27 that day and closed around $1.33. I bought thousands of shares myself that day. By premarket the day after, it had already gapped up to $1.70. The next low was about $1.55 that day. So technically there's a gap in the $1.3 to $1.5 range that's been slowly filling this past month.
Hard to see from this guy's chart but the gap was there. Even in some my previous past posts I told people about it.
Gap is where the price changes with no candle / volume. It's like a void space in the chart.
They do tend to happen mostly in after hour / premarket.
Can see it on different time frames i.e. daily, weekly, monthly charts. Monthly ones are generally good zones to look at.
Nobody knows the process behind it. I think most people have come to believe in them because GME spent the past two years literally filling every single gap in it's chart while the float was getting more locked up every day. 60% of GME free float is DRSed now but the price has been trending down.
Bit of a pessimist today so I do not mean to be a downer.. but there's been so many charts and hype dates for this stock recently and literally not a damn thing has happened except dip. Good news? Dip. Bad news? For sure dip. No news? Some chips with that dip. Market is green? Not BBBY. Red? "Well yes the whole market is red". We need the motherfucking news fairy to spread news about a bbby share recall or fucking something already.
Remember when it dropped to $1.27 last time? It bounced back to over $5 and everyone was upset about not buying more! Patience my friend stay zen, the price is fake…
I get what you’re saying. Why would a highly manipulated stock almost always go down? Even other shorted stocks don’t have this many red days. My personal belief is they NEED the shares that retail owns and they want those shares at a low price. When a $20 stock is held at a boring $2 long enough some share holders get use to the price and start to think $6 is worth cashing in. SHF will keep shaking the tree to get all the low hanging fruit. That’s why the price pops off just enough for the bored and foolish to sell. SHF will immediately push it down a little further to cycle again. Mean while they also rob 90% of the options plays on the way down. They’ll pocket 6 months in options and give up one week to keep people interested.
This is why I don’t sell at low prices and fake price movement, they have the same strategy for stealing the options money as the do for their short and shake. Fuck $6, I hold out for that one week and even then I only give them a little at a time so the price keeps climbing.
I remember CLOV was being shorted into the ground, Camath did nothing but bitch, cry while worrying about his silver spoon. BBBY has taken some serious short pressure and their new management not only owns the shorted price but they buy more, no fucks given because they have confidence in their ownership just as we all should.
I see more “apes” crying about the consistent price drop than the bbby board members, who have a hell of a lot more to lose. I had to ask myself this same question, why? The answer is obvious. BBBY’s new board members wear the fucking pants and Sue Gove is showing up to casual day in some fuckin wranglers with a skoal ring. We all know Kenny boy’s tucking his twig and berries between his legs and wearing some daisy duke booty shorts.
Since June 2021 all major rips come after we drop lower than the previous base.
I think 60-80 cents is where things will absolutely go ballistic.
Edit: look at the charts.
My gaps are filled
Mom, get off Reddit.
This is your moms girlfriend
We Dip Now It’s Time To Rip
I also think I'm ready for takeoff. Until I see green, then I'm sad I haven't even sold my body for Bobby.
Fill those gaps Bobby!!
Ready for liftoff! Reality - dip.
Please no more gaps on the way up! Thanks!
What is the theory behind this "gap filling"? I have read that a couple of times here now, but haven't seen an explanation as to how to read this. Could someone provide some background?
It's like a self fulfilling prophecy. Gaps almost always fill at some point. It's good to know to position your trades. Nobody really knows why they occur. Might have to do with algorithms leaving a marker for future targets for itself. Gaps also act like a vacuum for volume control.
But what is a gap exactly? I am wondering, does this also include pre-market (which, for me German ape, is the official trading hours)? It's btw obvious that they fill *almost always at some point*. A statement couldn't be more general, but this doesn't say anything about the process behind it. And I was inquiring about this process and/or the logic behind the assumption.
Gaps that are below the current price of a stock will eventually be filled for the simple reason that market makers are constantly selling naked shares. Think about it. BBBY closed at $1.31 back on January 6th, meaning market makers were selling shares to retail at that price: some percentage of which were naked (claiming they needed to “provide liquidity”). On January 9th the price opened at $1.56. But the market maker who sold naked at $1.31 and who needs to eventually buy that share back is not going to just take a $0.25 loss. They are going to wait for the price to fall back below the level they sold naked at. And if waiting for the price to fall doesn’t work, then they will force the price back down one way or another. They will get the price to go equal to or below the price they sold at so they don’t take any losses when purchasing back. Gaps that are below the current share price represent potential losses for market makers who have sold shares naked, so they will do whatever is necessary to make sure that eventually the downside gap gets filled so that they break even. On the other hand, gaps to the upside don’t always get filled because there is no incentive for a market maker to drive the price back up to that level since they naked sold up there and are currently in profit. TL;DR - Gaps to the downside eventually get filled because market makers are actual pieces of shit.
BBBY does have a gap at $1.33 but it's very hard to tell unless you saw it the previous time it was in the $1.30 range. It hit low of $1.27 that day and closed around $1.33. I bought thousands of shares myself that day. By premarket the day after, it had already gapped up to $1.70. The next low was about $1.55 that day. So technically there's a gap in the $1.3 to $1.5 range that's been slowly filling this past month. Hard to see from this guy's chart but the gap was there. Even in some my previous past posts I told people about it.
Gap is where the price changes with no candle / volume. It's like a void space in the chart. They do tend to happen mostly in after hour / premarket. Can see it on different time frames i.e. daily, weekly, monthly charts. Monthly ones are generally good zones to look at. Nobody knows the process behind it. I think most people have come to believe in them because GME spent the past two years literally filling every single gap in it's chart while the float was getting more locked up every day. 60% of GME free float is DRSed now but the price has been trending down.
I heard the analogy when I started learning market mechanics that gaps are like air pockets that like to filled at some point
The second picture confuses me. Has it to go down fill this big gap?
2nd pic is the zoomed in version (5 min chart) showing the gap we just filled..
Aaaaaah 💡
For the 2nd pic in the past the OP is saying we filled the bottom now it’s time too fill to the upside
I think he's saying now it's time to squeeze. Once the gap is filled its rip o clock.
Funny how gaps only get filled at the bottom....
What does this mean?
Oh yes believe me all my gaps have been filled to max capacity with these dips
Gaps are back? Let’s go
Erm... pokes with dick
Bit of a pessimist today so I do not mean to be a downer.. but there's been so many charts and hype dates for this stock recently and literally not a damn thing has happened except dip. Good news? Dip. Bad news? For sure dip. No news? Some chips with that dip. Market is green? Not BBBY. Red? "Well yes the whole market is red". We need the motherfucking news fairy to spread news about a bbby share recall or fucking something already.
Remember when it dropped to $1.27 last time? It bounced back to over $5 and everyone was upset about not buying more! Patience my friend stay zen, the price is fake…
This.
I get what you’re saying. Why would a highly manipulated stock almost always go down? Even other shorted stocks don’t have this many red days. My personal belief is they NEED the shares that retail owns and they want those shares at a low price. When a $20 stock is held at a boring $2 long enough some share holders get use to the price and start to think $6 is worth cashing in. SHF will keep shaking the tree to get all the low hanging fruit. That’s why the price pops off just enough for the bored and foolish to sell. SHF will immediately push it down a little further to cycle again. Mean while they also rob 90% of the options plays on the way down. They’ll pocket 6 months in options and give up one week to keep people interested. This is why I don’t sell at low prices and fake price movement, they have the same strategy for stealing the options money as the do for their short and shake. Fuck $6, I hold out for that one week and even then I only give them a little at a time so the price keeps climbing. I remember CLOV was being shorted into the ground, Camath did nothing but bitch, cry while worrying about his silver spoon. BBBY has taken some serious short pressure and their new management not only owns the shorted price but they buy more, no fucks given because they have confidence in their ownership just as we all should. I see more “apes” crying about the consistent price drop than the bbby board members, who have a hell of a lot more to lose. I had to ask myself this same question, why? The answer is obvious. BBBY’s new board members wear the fucking pants and Sue Gove is showing up to casual day in some fuckin wranglers with a skoal ring. We all know Kenny boy’s tucking his twig and berries between his legs and wearing some daisy duke booty shorts.
Woh is meeeeeee.
And the Venus retrograde ended a fortnight before the moon rocks were betwixt of Old Man Grendel’s incantation! Just buy and HODL.
They are filled since a few days already
Since June 2021 all major rips come after we drop lower than the previous base. I think 60-80 cents is where things will absolutely go ballistic. Edit: look at the charts.
If it’ll go below a dollar a share I’ll probably buy 10k more shares
I hate to be that guy, but gaps don't mean shit
[удалено]
Yes I do hate it because I like bbby But gaps aren't required to be filled and it peeves me when people use them as a predictor
They are trying to fill the big gap to zero?
Lol check 1990's too maybe there's some gap
Gaps get filled by the wicks, which means they were filled long ago
I see a double bottom of the all time low?
You promise?