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KICKBOXING/Fitness in morning I STOCK trading during day | STARTUPS, CODING ,📚 LEARN during night l Not SEBI registered
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Apr 11, 2021
12 min read
But first some key points
There is no Definition of Multiyear breakouts. But if the stock breaks out of its range or any other pattern after 5+ years then it can be considered as multiyear breakout.
... Usually this kind of breakout happens due to tailwinds in some sector or due to the disruption in the sector.
For eg: last year due to covid-19, Pharma sector co’s created huge wealth for their investors.