The Runaway Gap was with low volume indicating the strength of the trend and that sellers are trying to exit their short positions by buying. The stock price will move with high Momentum as sellers are facing loses and a lot of buying happens

2 Comments
  1. Naresh 2 years ago

    Hi,
    Runaway gaps often occur after the stock price has experienced a breakout gap.

  2. Author
    Manish Babu P S 2 years ago

    Is that analysis right? Cus short covering rally happens post-breakout so i simply didn’t beat around the bush and named it runaway gap.

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