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Night_Falls

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Night_Falls

Re: Alan Brochstein post# 176569

Thursday, 10/23/2014 8:05:51 PM

Thursday, October 23, 2014 8:05:51 PM

Post# of 237999
Mind the Gap - Unclosed by Most Means
http://stockcharts.com/h-sc/ui?s=MJNA&p=D&yr=0&mn=4&dy=0&id=p20980696311

No gap? Most serious technical traders DO NOT consider a gap "closed" until the price literally closes (or opens) below the gapped up open (or close, as it goes both ways). This is especially the for intraday gaps. See there's no support in those gapped spaces just thin trading.

The chart above has 2 major unclosed gaps. From the past two days.
Yeesh!

And Doc K, yes.
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Volume:
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  • 1D
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