The Breakaway Gap - fun and exciting!!!!!

VDSI - now that looks like a Breakaway Gap.

• The price is breaking out of their trading range or congestion area. (different from Runaway Gap, which we will discuss later)
• Volume will pick up, not only for the long buys but also the shorts covering their positions.
• The volume should occur when the gap appears, not before, to ensure a chance of further advancement.
• The gap is now the new line of support for long breakouts and resistance for shorts.
• Don't wait for the gap to be filled to put on your position. You could miss a good upside move in this situation.