A breakoutA breakout is where a price movement manages to overcome a... More is where a manages to overcome a or level. It is usually followed by an increase in and .
Traders will look to buy an when the priceWhat are value stocks? A value company is a company that app... More is breaking through a line of resistanceWhat are "resistance" levels in trading? A resistance level ... More and sell when the priceWhat is price? The price is the measure of the value of good... More is breaking through a line of supportWhat are "support levels" in trading? A support level is a... More.
The chart below illustrates the buyers in the marketWhat are value stocks? A value company is a company that app... More attempting to push the price up further, but initially unable to break through the level of resistance (1). After several attempts, it finally manages to break through. This is a clear demonstration of a breakout (2) through resistance.
