Friday, April 8

Breakout Trading System

What Is a Breakout?

A breakout is a stock price that moves outside a defined support or resistance level with increased volume. A breakout trader enters a long position after the stock price breaks above resistance or enters a short position after the stock breaks below support. Once the stock trades beyond the price barrier, volatility tends to increase and prices usually trend in the breakout’s direction.
In Stock Market terms a Breakout in a index/Stock Signify moves outside a definite resistance/Support Levels on an increased volume. It’s …
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