Common Gap
A price gap found on a price chart for an asset. These gaps are brought about by normal market forces and, as the name implies, are very common. They are represented graphically by a non-linear jump or drop from one point on the chart to another point.
Investopedia Says:
In general, there is no major event that precedes this type of gap. Common gaps generally get filled relatively quickly (usually within a couple of days) when compared to other types of gaps. Common gaps are also known as "area gaps" or "trading gaps". Related Terms:
Breakaway Gap
Chartist
Exhaustion Gap
Gap
Gap Risk
Runaway Gap
Technical Analysis |