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.
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inclining wedge
stable market
reverse head and shoulders pattern
trading pattern
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contract for difference (CFD)
take off
tax free
fixed income market