Breakaway Gaps by Kenneth Gillilan
ARTICLE SYNOPSIS ...A gap up in a stock's price is an exciting event. Usually,
such moves will be covered by the financial media,
creating hysteria and resulting in some people frantically buying the stock "before it's too late." Rarely do
the pundits provide a reasoned and thorough explanation as to why the large jump in price will lead to any sort
of substantial gains over the near future; they just report the
awe-inspiring numbers without touching on their technical
significance. Sometimes, armed with simply a headline, the
uninformed will buy the stock and get lucky. Over the long
term, howeve...
AUTHOR: Kenneth GillilanDATE: JAN 2011SUBJECT: Charting