In gap theory, presence of gaps in a daily stock graph are like the signs "I'll be back here later." You can locate the gaps manually, jot down the price bar's high/low around those gaps and then check out whether they are closed yet. With Forex Insight Pro 7.0 custom indicator for TradingView and just one click on the "Mark Gaps" input option, all gaps in the graph will be labelled. By turning on the drawing magnet and placing two horizontal rays on both sides of them. The rays will guide your eyes to the right to determine if the gaps are closed yet.
Locating the gaps in the 20180929 daily graph of BABA as described above, an unclosed gap at $200.25 is found quickly and easily. This price is 21.54% more than the current price of $164.76. Would the history repeat itself this time? It's your money. It's your risk.
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