Hope you're good.
Do across the board gap ups like today (7/27) invalidate a set up for you? ie/ you're looking at a tight range, and it gaps well above that pre market, and not on news specific to that stock.
Thank you for the question.
I believe gaps higher at the open are good for selling/shorting.
However, if a stock is trading through its buy area then it is a buy. It does not matter to me if the stock gaps up to a buy area because I want to buy near the buy point and not chase a stock when it rises higher.
I created a short video to explain why I would buy a quality stock at a proper buy point on a gap higher.
I hope this answers your question.