Wednesday, April 24, 2024 8:01:48 PM
Tell me what the Chart School is saying about gap analysis. No personal attack or name calling please, calling someone an asshole doesn't make your flawed analysis correct.
Click on the link below:
https://school.stockcharts.com/doku.php?id=chart_analysis:gaps_and_gap_analysis
Did the April 3 and 4 trades satisfy the above definition of a gap? Or what does the candlesticks chart shows in terms of gap analysis? Your definition of a gap analysis fails on both.
There are two separate things: the technical school definition of gap analysis and self-fulfilling prophecy of a gap analysis. The latter comes to fruition when more you talk about it and more novice traders start believing/acting on it, albeit flawed definition.
My posts are my opinion, not intended for investment advice. Always do your own dd before buying, selling or holding securities.
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