Posted On: 04/27/2012 11:29:27 PM
Post# of 1188

Breakout
A term for a rise in a security's price above a resistance level (usually its previous high) or a drop below a support level (usually its previous low).


DISCLAIMER
I am the Owner/Admin of Investors Hangout and do not trades stocks!
Just doing what I do best, music and coding. I like Honeypots.
I am the Owner/Admin of Investors Hangout and do not trades stocks!
Just doing what I do best, music and coding. I like Honeypots.
