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Author:

LongTerm CapGains

Subject:

Off Topic

Date:

10/31/15 at 8:49 AM CDT

 

 

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Sentiment:

Neutral

NOK's Gap up this week

I am no expert on this technical stuff, I only dabble in it, so I have some thoughts and question on the Gap up this Thursday when NOK and ALU delivered their quarterly earnings.

1.- This Gap up fills the Gap down that occurred this past April 30th in the wake of the ALU acquisition announcement.  

2.- So my question is:  if my take is correct and barring a market slide:  Are the chances of this Gap up NOT to be filled greatly diminished because of point 1?

Any thought would be appreciated.

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