Breakout (technical analysis) - AbsoluteAstronomy.com

A breakout is when prices pass through and stay through an area of support

Support (technical analysis)

Support and resistance is a concept in technical analysis that the movement of the price of a security will tend to stop and reverse at certain predetermined price levels.- Support :...

or resistance. On the technical analysis chart a break out occurs when price of a stock or commodity exits an area pattern.

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