GAP analysis # The strength indication

The GAP is named on basis of the appearence of the zone ie the trending zone / nontrending zone. The four types of GAP are
1. Area GAP
2.Breakout GAP
3.Runaway GAP
4. Exhaustion GAP
The Area GAP allways appear in Non-trending zone or sideways movement. It takes place when selling pressure exceeds . This GAP is most likely to get filled in the near term however if the GAP is not filled ,then the buyers are weak when down movement .
The breakout gap is also called Bullish breakout it shoots the price to such a extent that the price open well above previous peak. It occurs in trending Zone , it occurs in seller dominated area that resembles the buyers are clean swept the sellers area and sellers are no more in existance in that zone. It also has a high trading volume , the gap filling probablity is less in near term.
The runaway Gap is a appearance of the void after a Bullish trend the run away gap is not supported by good volume . It also signifies that the Short positioners are squeezed and bi-default buying at avaiable price since there is no seller and high amount of buyer the price tends to go upside.
The Exhaustion Gap appears if the stock opens at high price and due to any uncertainity the selling pressure increases and price falls below previous peak it is exhaustion gap. It falls in trending area , it follows just after gap up open, it is bearish move stating downtrend.
It becomes difficuilt to spot it as in charts it dosent appears as a Gap but a bearish candle stick in between current open and previous day peak.