Gaps and Probabilities.
A 2019 Tweet.
#GapTheory - Do the Gaps get filled?
— Piyush Chaudhry (@piyushchaudhry) March 12, 2019
As per Thomas Bulkowski's 2005 study Odds for filling of the following Gaps -
Common Gaps: >70%
However,
Breakaway Gaps: <5%
Runaway Gaps: <20%
Exhaustion Gaps: >70%
Categorize the Gaps correctly and Look for Counter Signals.
More from Piyush Chaudhry
#NIFTY in Regression Channel.
— Piyush Chaudhry (@piyushchaudhry) April 30, 2022
A rectangular consolidation around the central Line of Best Fit, with no such reversal characteristics on display yet.
For it to revisit the upper band, odds would increase only on a break above ~17450.
Else, it's a slippery slope. pic.twitter.com/4OT7JM1TJY
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Not letting your capital rot is a gainful activity. https://t.co/iYo2SIEPVX

whats cooking in HGS ??
— Alok Jain \u26a1 (@WeekendInvestng) April 1, 2021
Are Hindujas offloading to put more into Indus ?? What's the buzz... the move seems as a precursor to a big news
just a guess..not a reco
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Ironies of Luck https://t.co/5BPWGbAxFi
— Morgan Housel (@morganhousel) March 14, 2018
"Luck is the flip side of risk. They are mirrored cousins, driven by the same thing: You are one person in a 7 billion player game, and the accidental impact of other people\u2019s actions can be more consequential than your own."
I’ve always felt that the luckiest people I know had a talent for recognizing circumstances, not of their own making, that were conducive to a favorable outcome and their ability to quickly take advantage of them.
In other words, dumb luck was just that, it required no awareness on the person’s part, whereas “smart” luck involved awareness followed by action before the circumstances changed.
So, was I “lucky” to be born when I was—nothing I had any control over—and that I came of age just as huge databases and computers were advancing to the point where I could use those tools to write “What Works on Wall Street?” Absolutely.
Was I lucky to start my stock market investments near the peak of interest rates which allowed me to spend the majority of my adult life in a falling rate environment? Yup.