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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (101144)7/12/2004 5:31:20 PM
From: At_The_Ask  Read Replies (1) of 209892
 
If something gaps up and then doesn't fill the gap Then gaps back to the level from which it gapped it's an island. It's not at the end of a giant uptrend but it is at the end of the corrective. Hence it is an island.
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