Blue sky mining, page-16

Cheynne.

Yes, I agree with most of what you say, which is why I gave you a tick up.

Breakaway gaps, in comparison to normal trading gaps, are quite a rarity. They probably only make up about 2% of all gaps.

In our enthusiasm to see a stock do well, we often convince ourselves that a gap is a "breakaway gap", when in fact it is just a normal trading gap.

PIO recently had a "breakaway gap" followed by several trading gaps. Although the price got well above the breakaway gap the other gaps above that all filled back to the breakaway.

I am not saying it must happen, only that it usually does.

Beware the gap!!

Lockitt