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.
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Central Registration Depository (CRD)
Over the counter derivative
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