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Strategies & Market Trends : Technical Analysis - Beginners
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To: Michael Olds who wrote (9335)2/15/1999 7:37:00 PM
From: Richard Estes  Read Replies (2) of 12039
 
The explanation might lie in that a Gap of size means on an opening there was a big imbalance in orders puting price up in an unorderly way. Most gaps like thses are filled the same day from profit taking or a number of people saying, "I like how it broke out, but I will buy when it retraces or determines support"

A gap can affect how you look at stock but after 10 days, It shouldn't be a major issue if it is not filled.
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