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Close-Gap


Close-Gap   Another term for "lap." A lap up occurs when the next day?s low is greater than the previous day?s close.
 


Additional comments:

A lap down occurs when the next day?s high is less than the previous day?s close. It is essentially a gap in prices between the previous day?s close and the next day?s action.

Related Terms

Iday
An abbreviation for "inside day" which occurs whenever a day?s range is within the range of the previous day. ...


CPR
An abbreviation for a Closing Price Reversal, a short-term price action. ...


Common Gap
A trading gap, or space between one day’s close and the next day’s opening price, which occurs periodically and not necessarily ...






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