Tag: gap
5 Day Moving Average Market Gaps
The $SPY has experienced a number of gaps above the 5 day moving average after closing below it in the last three months. In each instance where the gap took out a short term resistance level and held above the 5 DMA for the day, it lead to continued upside over the following sessions. I … Read More
Daytrading a Gap
The video below discusses how to trade a stock which gaps higher, it was recorded Monday January 25, 2010 Here is how the stock actually traded on Tuesday January 26, 2010.