Gap (chart pattern) A gap is defined as an unfilled space or interval. On a technical analysis chart, a gap represents an area where no trading takes place. On the Japanese candlestick chart, a window is interpreted as a gap. In an upward trend, a gap is produced when the highest price of one day is lower than the lowest price of the following day. Thus, in a downward trend, a gap occurs when the lowest price of any one day is higher than the highest price of the next day.
A woman converses on the telephone. The definition of converse is reversed in order or position. An example of converse is a car driving south on the northward side of the road. Converse means to talk with others. An example of converse is to chat with a friend on the phone.
Nike Purchasing Converse, A Legend on the Blacktop. Nike, known for its shoes and its swoosh, has Michael Jordan and Tiger Woods on its corporate team. Now it is lining up yet another sports legend: for $305 million, Nike is buying Converse, a century-old footwear company and maker of the celebrated Chuck Taylor All Star shoe.