breakout
A situation in which a security or index trades and closes above a resistance level or below a support level. A technician often interprets a breakout as a confirmation of a market trend and will typically expect the volume, volatility, and momentum triggered by the breakout to correlate with the importance of the resistance or support it penetrated.
Browse by Subjects
trading channel
bull flag
stable market
stop limit order
stable
See All Related Terms »

money rates
final prospectus
broad-based index
Wall Street
rating officer