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Gap-filling Setup (Profitable way to trade)
Before diving deeper into chart patterns, it’s crucial to understand what a gap is. A gap occurs when no transaction takes place between a buyer and seller in a certain price zone. For example, if a stock closes at ₹102 and opens the next day at ₹106 due to positive news, the area between 102–106 becomes a gap.
Upside Gaps: Signal strong buying interest. Often linked to news like earnings or product launches, they may lead to powerful rallies. Contrary to popular belief, not
The_Chartist
Nov 5, 20243 min read
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