After so many stocks had lost 90% or more of their value, I figured that their bounce would accomplish pretty much one thing: fill a major gap. The poster child for this was Palantir, formerly based here in Palo Alto, which had plunged from about $45 to about $7 in a matter of months. It has bounced mightily, but it sealed its gap with just three PENNIES to spare. I’d say that’s good enough!
Unity (symbol U) provides another great example – – just six pennies from a perfect gap seal!
