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Re: None

Wednesday, 08/12/2020 12:11:57 PM

Wednesday, August 12, 2020 12:11:57 PM

Post# of 163961
I think I know why the SP reacts like this. There was a gap to close. I noticed that breakaway gaps need to be tested 3 times as a bottom triple.





The breakaway gap, which shows strong conviction on the part of the buyers, in this case, is a piece of evidence that points to further upside in addition to the chart pattern breakout. A breakaway gap with larger than average volume, or especially high volume, shows strong conviction in the gap direction.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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