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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: Technician who wrote (25093)7/7/1999 5:30:00 PM
From: FlameMe  Read Replies (1) | Respond to of 41369
 
This is a breakaway gap and is considered very bullish. More often than not, breakaway gaps are not filled. This type of gap usually completes a major basing pattern like an inverse head and shoulders bottom and breaks the neckline. To me, its not important to fill IMO.
In fact, it would be a negative if it filled.

Regards,
Ross



To: Technician who wrote (25093)7/7/1999 5:39:00 PM
From: Eric  Read Replies (1) | Respond to of 41369
 
While gaps are normally filled, they don't have to be. There is such
a gap in AOL's chart back in Dec when AOL was added to S&P 500. AOL
gapped up about 20 points on that news and that gap is still in the
chart never completely filled.


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