InvestorsHub Logo
Followers 1476
Posts 89318
Boards Moderated 1
Alias Born 06/16/2008

Re: A deleted message

Friday, 11/12/2010 2:47:23 AM

Friday, November 12, 2010 2:47:23 AM

Post# of 102667
Here is some information, about Gaps. Not all Gaps are filled. The Gap everyone is talking about at .017 is called a Break Away Gap


Check out thi sLink it explains all kinds of gaps.

http://web.streetauthority.com/terms/technicalanalysis/gaps2.asp

It's a great read

BREAKAWAY GAPS -- TELL ME SOMETHING NEW
A "breakaway" gap is essentially the opposite of an exhaustion gap. This type of gap occurs when a trend reverses powerfully, creating a gap in the opposite direction (for example, a gap down after an uptrend, or a gap up following a downtrend). Occasionally, breakaway gaps will occur following a period of consolidation. Other times, the gaps might not occur until a trendline break or upon confirmation of breaking a head and shoulders neckline. They also sometimes take place following a rounded bottom or top. Regardless of when it happens, a breakaway gap is most reliable if it occurs amidst increased volume. Breakaway gaps are usually not filled until after the trend reverses again, and in some cases they are never filled.



Most Gaps are Filled, but posters use the Gap has gotta fill scenerieo to create fear and Doubt. IMO, if we did not close the gap on Tuesday where we had 84 Mill VOl, on the O/S Scam then we had a Breakaway Gap that will not get filled, and will disappear in the weekly chart over time.

Smitter SMTT


New Board Smitters Roundtable of DD

Everyone is Welcome

http://investorshub.advfn.com/boards/board.aspx?board_id=18403

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.