Morning Gap Strategies Having trouble with those irritating morning gaps? You're not alone. Many of us spend hours working on new setups, only to watch them go up in smoke overnight. But there's no need to throw out all of your hard work just yet.
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It shows the priors day's price action and the current early morning gap open higher. I will post an end of day chart later on to see what the rest of the day brought for Citigroup.
50 area. This was exactly the price area where the morning gap up in price opened. With this price move precalculated, an investor would be more alert as to where to start watching for a potential reversal.
See also: Trading, Chart, Pattern, Gap, Trader
 
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