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What does it mean for a stock to gap short, open low, and move high?
Stocks gapping low, opening high, and moving high generally occur when major news hits the market, and then when good news is released that day, market confidence increases significantly.
Cause of formation: When the market opens, it is easy to open low when people generally expect bad news or there is big bad news; but after the situation improves or good news comes, the stock price rises higher than the opening price, forming a low opening. Walk high.
Extended information
Open low and move high is a term used in the stock market, which is a form of time-sharing chart and K-line trend. To put it simply: the opening price is lower than the closing price of the previous trading day, and the closing price is higher than the closing price of the previous trading day.
With the trading time as the abscissa and the price as the ordinate, the daily K-line is drawn continuously to form a K-line chart.
The bars in the K-line chart are divided into positive lines and negative lines. Generally, red cylinders are used to represent positive lines, and green cylinders are used to represent negative lines.
If the closing price during the time period represented by the column is higher than the opening price, that is, the stock price rises, the column will be painted in red, otherwise it will be painted in green. If the opening price is exactly equal to the closing price, a cross is formed.
Baidu Encyclopedia: Open low and go high
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