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Breakaway Gaps
Pressure Helps Identify Movers
Gaps occur when there is a dramatic change in market conditions. They can
occur at the beginning of a trading session (i.e. most NASDAQ stocks) or even
during the session itself. There are three types of gaps that are of interest
to us when we analyze charts: breakaway, measured (also known as
continuation) and exhaustion gaps. Today we will discuss the breakaway gap.
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Happy Trading,
Nirvana Systems
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