KOSPI Composite Index
Satış

Kospi has a classic breakaway Gap on the weekly on the down

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This is a good indication of continued downward pressure

A breakaway gap occurs when the price of a stock or other asset opens significantly higher or lower than the previous trading session's close, often on high volume. This typically signals a strong shift in market sentiment and the beginning of a new trend. Investors and traders might consider selling during a breakaway gap for several reasons:

Taking Profits: If the breakaway gap occurs after a significant uptrend, it might be an opportune moment to lock in profits. The surge in price could be an indicator that the stock is overbought, and a correction might follow.

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