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Watch This Space, page-2040

  1. smartar
    478 Posts.
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    18/01/21
    12:25
    Post #: 50242871
    I would consider that is a Breakaway gap.
    IMO, please DYOR,
    The breakaway gap describes a gap in price that gaps over a support or a resistance level.The chart below shows the price chart of APPL with a strong resistance level. After the gap was formed, the trend accelerated.The breakaway gap, thus, shows a trend continuation signal most of the time.
    https://hotcopper.com.au/data/attachments/2817/2817625-9ccd11e70d05ab3897f2d1f0ba83e98f.jpg

    SPT Price at posting: $1.47 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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