I don't believe there is a gap. It doesn't go by the prior close, but rather by the whole prior day of trading. It could still trade down, but I don't see a gap
$162M and .09 cents.
No...buyers dry up as they wait for $40 price or slightly below. Once gap closes, buyers return because fundamentals are still pretty good.
Looks like the gap at $40 wants to close. TA says it will close about 95% of the time. Once we get this close, buyers dry up as chart followers take over.