Low number of instances, but the suggestion is obvious. I would note, though that although they all finished higher, they also saw some substantial pullbacks from the opening price.
Monday, November 28, 2011
2% Gaps Up From 20-day Lows
With SPY looking to gap up over 2.5% this morning below is a quick look at all other instances since 2003 when SPY gapped up over 2% immediately following a 20-day low.
Low number of instances, but the suggestion is obvious. I would note, though that although they all finished higher, they also saw some substantial pullbacks from the opening price.
Low number of instances, but the suggestion is obvious. I would note, though that although they all finished higher, they also saw some substantial pullbacks from the opening price.
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