Bullish Gaps

Note how strong this stock is acting after the first bullish gap through resistance. It has not even pulled back to its 50-period moving average.

RESISTANCE LINE

This is the first bullish gap. Note how it shoots right through the line of resistance. The stock breaking above resistance with a gap and the candle closing green that day is a very bullish signal.

RESISTANCE LINE

116 / Secret Trends and Patterns StockTeacher Method

Bullish Gaps (Continued)

This is a weekly view of the bullish gapping QCOM stock from the previous page. Note the huge green candle that breaks resistance right through the 50-period moving average.

Apr Jul Oct

This weekly chart also confirms the bullishness of its daily counterpart.

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