Replies to post #56434 on Asia Broadband Inc (AABB)

[scaryharrysafari]

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".

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