A runaway Gap appears in the Trending Area of ACC on 5thMay .The Bulls were extremely aggressive on that day and a post breakout gap appered on the trending area.The close of the candle formed after the gap was the day’s high and volume was high as Bulls took the complete scenario in their hands.
Runaway Gap- Bullish -ACC
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Hi,
your observation is good.
Thank you Vignesh for your valuable comments.Let’s move forward gaining confidence in analysis.
Kind regards
Latha