the following graph shows the exhaustion gap of the stock
, , Exhaustion Gap
, , Exhaustion Gap
Recently Active Members
Bullish View
Bearish View
-
Bearish-GAP-SHORT-BICON-25-10-2019 October 25, 2019
-
FEDERAL BANK – BEARISH ENGULFING October 17, 2019
-
Cummins India – Bearish Engulfing – 24Sep19 September 25, 2019
-
Day29-Tata Motors DVR – Bearish Piercing – 12Sep19 September 12, 2019
-
Day27-Bearish-Engulfing pattern-Tech Mahindtra-09Sep19 September 10, 2019
Hi,
An exhaustion gap is identified by high volume and the large price difference between the previous day’s close and the new opening price. Actually, the gap occurs at the top or bottom with huge volume, chances are more that the market is exhausted and the existing trend is at pause. It is important to note that the exhaustion pattern should not be treated as a significant reversal.