Not true, gaps do not always fill. Usually, yes.
Post# of 30067
Posted On: 01/13/2015 4:55:12 PM
Re: Ea$y Money #14901
Not true, gaps do not always fill. Usually, yes.
Gaps: Important Bull Market Results
Percentage of gaps closing within a week, upward breakouts:
Area gaps: 89%
Breakaway gaps: 2%
Continuation gaps: 4%
Exhaustion gaps: 61%
Additional information on gap closings.
Area, common or pattern gaps 3 days for both breakout directions
Breakaway gaps 136 days for upward breakouts, 168 days for downward breakouts.
Continuation, measuring, or runaway gaps 98 days for upward breakouts, 77 days for downward breakouts.
Exhaustion gaps 9 days for upward breakouts, 14 days for downward breakouts.
Hope that helps.
Gaps: Important Bull Market Results
Percentage of gaps closing within a week, upward breakouts:
Area gaps: 89%
Breakaway gaps: 2%
Continuation gaps: 4%
Exhaustion gaps: 61%
Additional information on gap closings.
Area, common or pattern gaps 3 days for both breakout directions
Breakaway gaps 136 days for upward breakouts, 168 days for downward breakouts.
Continuation, measuring, or runaway gaps 98 days for upward breakouts, 77 days for downward breakouts.
Exhaustion gaps 9 days for upward breakouts, 14 days for downward breakouts.
Hope that helps.
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