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1. Noticed an Exhaustion Gap on 9th Dec, 2013.
2. In the trending zone a Breakaway Gap formed on 5-Dec-13.
3. Subsequently what appeared to be a Runaway Gap got converted into an Exhaustion Gap on 9-Dec-13. The price ended at the days low with high volume.
4. There was a trend reversal.
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Hi sir,
Good find… Thanks for posting your analysis
Thank you.