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Tagged: Gap
A gap represents an aeea where no traxing takes place.
GAP in technical analysis indicates the strength of the trend. GAP is basically the difference between the previous day closing and present day opening. GAP is generally found in candlestick chart.
The GAP appears due to the difference in the trading range. Yesterday’s closing price and today’s opening price there will be a difference, this difference is called GAP. This GAP indicates the strength of the trend and indicates the phase of the trend if it is in the beginning or in the exhaustion.
when there is a big price deference in yesterday’s closing price and today’s opening price the difference is said to be GAP
There is a big price difference between the previous day closing price and the next day’s opening price is called a Gap.
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