The gap reflects a bullish movement when the price has gapped upwards and a bearish movement when the price has gapped downwards. The breakaway gap has strong implications in the direction of the gap for the stock. Breakaway gaps occur when prices jump outside of a recent trading range or consolidation area. This may happen when a stock opens well above any high made recently or well below any low made recently, as a result of sudden extreme optimism or pessimism. Breakaway gaps are not filled quickly, and leave a blank space on the stock chart. Breakaway gaps often occur as resolutions to common chart patterns, as traders identify a pattern and rush to be the first into the trade. Identifying breakaway gaps properly can lead to very reliable trading signals, particularly when they occur on high volume.Breakaway gaps are normally accompanied by heavy volume and occur when prices break out of a trading range congestion area.They are usually followed by a series of new highs in an upside breakout or, a series of new lows in a downside breakout, and are not closed.