Gap

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Gaps
Weekly gaps near life time high
Weekly gaps are extremely imp gaps – If forms near life time high – You can see stocks moving in linear line.Some examples to see.

Key thing to watch is gap has to break out resistance
if resistance is a long term tested zone - result is going to be extraordinary.

there are times when gap will fail, in those cases u have to whats major trend?
if trend is down - gap will be likely to be used as sell on rise.

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sometimes gap will mark the beginning of trend
when it breaks a strong congestion zone big rally is on the way.

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what's gap?
its a rush or extraordinary demand
when demand is extraordinary - seller will increase price overnight
so u see a gap
but cant it happen without gap?
yes it can with a #mariboju candle

Price action near life time high just like above #gnfc case and see the move

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a weekly gap in favor of trend with a triangle continuation pattern - gives you explosive move

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gaps means madness to buy
sometimes in daily candle massive volume gap tells u --- some mega rally is ahead as someone big wanted to buy everything in this stock or big hands changed.
check the rally.

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stock market is easiest way to make great money
u have to Understand basic concept and what candle or pattern tells u
checkout volume while giving breakout with weekly gap

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#cdsl
hidden gap near resistance

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a hidden gap
#ioc

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There are times when stock opens gap down and recovers
it happens when trend is strong
those gaps are signals - weak hands are removed in knee jerk

we will see how Price action works in #icicipru from here.

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this gap broke 200dma which was acting as a moving trendline.
Today it tested 200dma
#Aartindustries
lets see how this works
one thing is clear - SL is now very small for buyers.

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