Another Chance With Breakaway Gaps by John Crane
ARTICLE SYNOPSIS ...Another Chance With Breakaway Gaps
by John Crane
Suppose you've been monitoring the market for weeks, faithfully updating your daily charts and
studying your favorite indicators. The criteria for your trade are met and, at long last, a buy signal is
generated. You know that once resistance is broken, the ensuing move will be substantial.
The next morning you place a call to your broker, only to hear that the market gapped higher on the open,
soaring to levels somewhere in a neighboring galaxy. This was definitely not a part of your
well-developed trading plan. You then decide to wait for the...