RE: Gap 90-95p20 Jul 2021 10:22
That's a solid strategy - different people have different approaches, which can all work.
Personally, I trade based on TA. Have been in and out twice so far. Last was in at 91p and out at 152p (+66%).
If we approach the top of the gap again (mid 90s), an show any support, I'll buy again and will hold until a negative signal.
If we instead continue down lower and break through the bottom of the gap (90p) and either close noticeably below there, or show weakness below that level, I'll take is as an ominous sign (similar to a "dark cloud cover") and will sell with a small loss.