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ThePennyDoctor

07/14/13 10:36 PM

#860 RE: hydroman1 #856

A gapup is when a stock opens the trading day at a price per share (PPS) above the prior days close. Obviously, this is a bullish sign and gives a daytrader a chance to make a quick profit. Gaps often fill, meaning the PPS returns to the prior day close, at which point it declines further but normally bounces back up (but certainly not always).

Read http://www.investopedia.com/articles/trading/05/playinggaps.asp