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Breakout (technical analysis)

A breakout is when prices pass through and stay through an area of support or resistance. On the technical analysis chart a break out occurs when price of a stock or commodity exits an area pattern. Oftentimes, a stock or commodity will bounce between the areas of support and resistance and when it breaks through either one of these barriers you can…

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PricesSupportResistance
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Breakout (technical analysis)

Nodes5
Edges4
Triples0
Avg. degree1.6
Density0.4
Components1

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support resistance area break price stock technical commodity breaks barriers often levels 'stronger' stocks traders breakouts prices breakout pass stay

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