Pacific Ethanol, Inc. (PEIX) Message Board
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Gaps always fill - .54
I am long. I am prepared to load up at .54 if The gap will fill they always do. It may be quick or it may take a few days. But this will happen. It needs to before it make its next big move.
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Yes we will see if it retraces. But based on (price) .54 the chart gap is now filled. No question about it. GLT - us!
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I'm long PEIX as well,
but I don't believe the. 54 cent gap was closed.
we'll see
gl to us -
why? ive seen gaps get filled before but not really with this kind of volume for an uptick..
- 1 Reply to friendly_552
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This stock historically makes wild moves.
This time around it is moving much higher. Short term, there is a possibility to pull bakc a bit
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I think there is a good chance we will now see a little downward pressure after all the up days. I could be totally wrong. I have seen stocks at this point in the golden cross blast further upwards and I've seen them dive hard to fill the gap. At a little bit of a loss to try to predict the next move but I do think that unfortunatly there is a good chance we will see a pullback to fill the gap. Should be an interesting week I'm quite sure.
- 1 Reply to atx30
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I see that possibility too.
any jitter perhaps will induce substantial movement in either direction.
Ready to buy more if it ever pulls back to 50s .
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We will see. Depends.....Nothing has to happen, especially in this case with the cd's and it did not let up when they made the announcement it was fastracked.
The mm's may not allow another flip on this one. It tried 2 times on Fri. to test it, and failed.- 1 Reply to hamilton3851
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last gap down from 300 to 100 never got filled.
Will correct a bit, but not sure if will be at 54.
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There is no downward gap here, it's only the upward gap that PEIX has to fill. Short term target $2 to $2.50 per sh.
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fianlly an expeirenced trader
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