Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 3 terms
A gap occurring late in an extended move, marking the arrival of the final buyers or sellers rather than a continuation.
Almost always fills, and quickly. The tell is record volume followed by wide-ranging sessions that go nowhere — heavy activity with no progress.
Price returning to trade through the range that a gap left empty.
"Gaps always fill" is one of the least reliable claims in trading. Common and exhaustion gaps usually do; a breakaway gap on genuine news often never does.
A gap that opens in the middle of an established trend as it accelerates, rather than at its beginning or its end.
It rarely fills while the trend lasts and often sits near the midpoint of the whole move. Telling it apart from an exhaustion gap on the day itself is the hard part.