CEINSYSTECH GAP Importance CEINSYSTECH Above image is showing the importance of break away cap gap the consolidation watch almost 2445 days and the structure got 305 to earlier closing 275
if we look the previous consolidation consolidation gives a sense regarding triangle compression that is a technical chart pattern
technical analysis after giving a gap stock has given a good chance of rally why we are discussing this because of educational purpose
Gaptheory
Mind the Gap!*For entertainment purposes only. Not Financial Advice. Not Trade Advice. Not Miami Vice. DYOR
How low can she go?
Gaps in price action are filled approximately 90% of the time at some point in the asset's price discovery process. Daily Gaps are significant! Here is where 🦈I'm long MIR.
KUCOIN:MIRUSDT COINBASE:MIRUSD BINANCE:MIRUSDT
Breakaway Gap down from the Rising Wedge - dirtyBreakaway gaps are often seen early in a trend when the price moves out of a chart pattern or following a trend reversal.
The green lines, especially the ones with fibo 50 and fibo 61.8 are representing targets of this historical bhreakout.
But watch out! Market interferences, political changes and other typical exogenous influences lets rising wedges never look pretty in the stock market. Expect pullbacks before the real drop. I have seen 100+ rising wedges on different timeframes and various indices. Usually, I am very cautious in trading this pattern, because of the noise around it. However, the breakaway gap is a very special invitation