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Term of the Day
gapping
gap up
garage
Definition
An
equities
trading strategy
whereby a
trader
looks for
gaps
between
closing
and
opening
prices and
trades
in the
direction
of the
gap
. For example, if
stock
A closes on April 7 at $40 and opens April 8 at $42.50, the trader may
buy
shares
of stock A.
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