You need to back-test/check as many of these as you can such that you know what to expect. By big gap up, I assume you mean a gap outside yesterday's range. Since 2015, 65 % of these type of days will at least touch the prior day high. A whopping 78 % will close green on the day. And a whopping 70 % will close above the prior day range. In order to know what to expect, you might need more information. But generally speaking, it's usually not a good idea to chase the long side on this type of Open, but sell into an initial rally for at least a pullback to the prior day high. Evaluate your entry when price gets there.
TODAY NAZ NUVEEN ARIZONE QUALITY MUNICIPAL INCOME FUND GAPPED UP. see NAZ HOURLY CHART you can't see the forest for the trees if you don't see the bigger picture.
NOW SEE NAZ DAILY CHART. It has been on a downtrend since January 2022!!!! It is OK to zoom in to look at the details. BUT!!! It is important to zoom out and look at the big picture / helicopter view!!! Even though it gapped up today, it is a very very very trivial matter. now stop talking nonsense!
Sorry, couldn't resist.. Yo, listen up, I gotta story to spit, About trading Nasdaq, and you know I won't quit. They call it "Naz," it's where the game begins, But your moves, man, they're like rookie sins. You talk about "opening big," like it's your game, But you're lost in the maze, ain't that a shame? Price gaps and factors, you can't comprehend, You're just chasing trends, not making amends. I wait for the setup, that's how I roll, While you're out there, losing control. I see the patterns, I see the signs, You're just guessing, wasting your time. Hypothetical talk, it's all you do, Different strategies? Man, you're lost in the blue. Jumping in blind, hoping for the best, I'm in it for the long run, outlasting the rest. Consistency, risk management, that's my creed, While you're driven by greed, I succeed. I make informed decisions, stick to my plan, You're driven by emotions, a lost man. So step back, take notes, learn from the pro, I'm the king of this game, don't you know? In the world of trading, I'm the boss, And you, my friend, you're at a loss.
%% I dont have a problem with your posting low volume stuff LOL-that your business. Try reading @ a minimum or better a max read LOL, the headline next time '' Tough Trading Gap Ups'' LOL[NASdaq is pronounced NAZ, but sounds like you just wanted to post a low vol chart LOL]
NAZ - it is a fund NUVEEN ARIZONE QUALITY MUNICIPAL INCOME FUND NASDAQ - It is an Exchange. It is also an index NQ - it is Nasdaq Futures