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Rick

Closing the Gap

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Closing the Gap

When a stock "fills in" or retraces the range of a recent gap.

This daily candlestick charts shows several examples of Microsoft's stock closing the gaps created. In the last five days shown, a downward gap and an upward gap occur, only to close within a day's time. And for the gap down that occurred on the first trading day of October? Followers of this stock know that this gap was also closed several weeks later! (This example is not illustrative of all gaps. Gaps do not necessarily close.)

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