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Username: BobM

Rating:
Guru Stars

Asked to: Dara Madee

Date Created: 04 Oct 2016
Category 20
Tag Financial
Question Please give the definition of 'Breakaway Gap'.
Advice from Guru
Hello BobM,

A term used in technical analysis. A breakaway gap represents a gap in the movement of a stock price supported by levels of high volume.

If you chart it, the gap reflects a bullish movement when the price has gapped upwards and a bearish movement when the price has gapped downwards.

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