InvestorWords.com

false breakout


Definition
Situation in technical analysis where a security's price crosses a resistance level or support level, but then re-crosses the level and returns to the other side. Called a false breakout because the price exhibits breakout behavior, but only for a temporary period of time.


Related Videos




Search for another term


Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z