common gap

A small jump in price inside a sideways stretch that often gets filled back in soon.

The fuller meaning

A gap that appears inside a trading range without a change in structure. Common gaps are often filled soon and carry little meaning, unlike breakaway, runaway and exhaustion gaps, although a gap's type is often clear only afterwards.

common gap.

Related words

above-average volume · bounce · break of structure · breakaway gap · breakdown · breakout · broken level · channel · choppy market · daily chart