A situation in which a stock or index closes above or below a range defined by a short-or long-term trend line or other support or resistance level and then retracts to within the range again. False breakouts can take place for any number of reasons, including a response to news or from professional traders who are probing areas where they believe a number of stop orders may have been placed. See stop-running.
Browse by Subjects
See All Related Terms »
day to day (DTD)
Exchange of Spot
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):