marine2
963 posts
msg #154956
- Ignore marine2 |
12/15/2020 2:44:28 AM
What usually happens when a stock gaps up 8%, does the stock typically go down right after that or does it keep riding upward to a point of exhaustion?
|
nibor100
1,045 posts
msg #154957
- Ignore nibor100 |
12/15/2020 5:23:40 AM
Below is a simple backtest showing what happens the next day after an exactly 8% Gap up.
Ed S.
|
marine2
963 posts
msg #154960
- Ignore marine2 |
12/15/2020 10:42:47 AM
Thank you Nibor100 in showing your results from your filter. It appears after its sudden move upward it goes down pretty quickly. Maybe not as much as its ascent but it doesn’t normally jump higher there-after. Interesting. Thank you.
|
graftonian
1,089 posts
msg #154962
- Ignore graftonian |
12/15/2020 4:55:14 PM
Check out TROs fade the gap filter
|