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Re: MD-420 post# 15172

Thursday, 04/27/2017 8:42:21 AM

Thursday, April 27, 2017 8:42:21 AM

Post# of 346569
The article I was referring to yesterday explaining the different kind of gaps.

Gaps

A quote from the article for those not interested in reading or clicking links

It is often said when referring to gaps that they will always fill, meaning that the price will move back and cover at least the empty trading range. However, before you enter a trade that profits the covering, note that this doesn't always happen and can often take some time to fill.



Gaps, just like other charting tools, are not always a sure thing and shouldn't be held as absolute law when making decisions about a position, but as a guide. When fundamentals are strong enough and a company finds itself in a rapid growth period you'll find these tools becoming less meaningful.

I hope some find this informative. GLTA

-Trade