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Tagged: Gap Analysis
Gap analysis displays the strength or weakness of market . We buy or sell when there is Breakout gap or Runaway gap in Bullish or bearish trend respectively.
It shows strength and weakness of the stock price.
Certain types of Gap enable us to conclude how strong the trend is.
By using gap analysis we can easily identify the strength of the trend in technical analysis. It will also be used to know about phase of the trend where we are in
the strength of the market is identified using gap analysis.this also indicates the phase of current trend and the strength of it.
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