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Here is what YOU should know about BREAKOUTS before you lose money on them !
A free FAILED BREAKOUT analysis for you - 🧵
A free FAILED BREAKOUT analysis for you - 🧵
A technical analysis term, used to show a rise in a stock’s price above its resistance level (such as its previous high price) or drop below its support level (commonly the last lowest price.)
The assumption is that the stock will continue to move in the same direction following the breakout, which generates a buy or sell signal.
Trading breakouts is an excellent trading strategy that involves buying or selling an asset after a long period of consolidation.
Trading breakouts is an excellent trading strategy that involves buying or selling an asset after a long period of consolidation.
