Technical Analysis for Meta, AAPL, AMZN, GOOG& MSFT

 $Meta Platforms, Inc.(META)$  $Apple(AAPL)$  $Amazon.com(AMZN)$  $Alphabet(GOOG)$  $Microsoft(MSFT)$

To Fill or Not to Fill

When someone says a gap has been filled, that means the price has moved back to the original pre-gap level. These fills are quite common and occur because of the following:

- Irrational exuberance: The initial spike may have been overly optimistic or pessimistic, therefore inviting a correction.

- Technical resistance: When a price moves up or down sharply, it doesn't leave behind any support or resistance.

- Price Pattern: Price patterns are used to classify gaps and can tell you if a gap will be filled or not. Exhaustion gaps are typically the most likely to be filled because they signal the end of a price trend, while continuation and breakaway gaps are significantly less likely to be filled since they are used to confirm the direction of the current trend.

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