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Stock Of The Day: Amazon Stock Eyes Gap Refill
GPSGap(GPS) Benzinga·2024-08-14 18:47

The old Wall Street saying “gaps refill” is true. It means that if a stock moves quickly, or “gaps,” through price levels going one way, and then eventually reverses and gets back to those same levels going the other way, it could move quickly or gap back through them in the opposite direction.Amazon.com Inc. AMZN may be about to refill a gap. This would mean a move higher. That's why it is our Stock of the Day.If a market is moving higher, there aren't enough sell orders to fill all the buy orders. Because ...