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breakaway gap |
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Breakaway Gap 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.
![]() The image shows a gap at the beginning of a large upward movement. Notes: 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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? Mentioned in | ? References in periodicals archive | |
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Stayed a breakaway gap from three-month base on four times normal daily volume. Seven trading days ago, the stock leapt up and broke out from a sound base creating a breakaway gap on huge volume. 804 is the bottom of the breakaway gap that began the fall rally. |
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