Business, Legal & Accounting Glossary
Exhaustion Gap is a technical term describing that the stock’s price opens up on a gap from the prior day’s high close marking the end of a bullish trend.
An Exhaustion Gap occurs at the end of a strong upward movement in stock price. The gap is filled in after a period of time.
Technical analysts consider a prolonged trend is near an end when an Exhaustion Gap occurs. A correction is likely.
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This glossary post was last updated: 22nd March, 2020 | 3 Views.