++ do we have a runaway gap? ++

Berlin closes 25% up!

Gold hits 470 intra day last night, highest point since 1988

This chart commentary might be useful for SBM?

Runaway Gaps

Runaway gaps are also called measuring gaps and are best described as gaps that are caused by increased interest in the stock. For runaway gaps to the upside, it usually represents traders who did not get in during the initial move of the up trend and while waiting for a retracement in price, decided it was not going to happen. Increased buying interest happens all of a sudden and the price gaps above the previous day's close. This type of runaway gap represents an almost panic state in traders. Also, a good uptrend can have runaway gaps caused by significant news events that cause new interest in the stock. In the chart below, note the significant increase in volume during and after the runaway gap.




http://www.stockcharts.com/education/ChartAnalysis/GapsandGapAnalysis.html