InvestorsHub Logo
Followers 32
Posts 1188
Boards Moderated 0
Alias Born 04/09/2018

Re: BahamaPete post# 56434

Monday, 11/01/2021 1:05:37 PM

Monday, November 01, 2021 1:05:37 PM

Post# of 107158
And now they've got two of them, on consecutive trading days; each, on its own would qualify as "breakaway" based on the accompanying volume.

If they don't close today's gap by EoD Wednesday, they've got a real problem on their hands. For them, not us.

"A breakaway gap" occurs when prices are breaking out of a range on significant volume, developing a new trend. As a result of a new trend bringing in new market participants and catching many off-sides, "this gap generally does not fill and sees upside follow-through relatively quickly".



AABB, the AABBGoldToken, the AABBExchange / Wallet:
the powerful idea whose time has come

"Luck" is when preparation meets opportunity. So, don't curse your "luck" because you weren't prepared when the opportunity appeared.