PDA

View Full Version : What is a breakout?


sti396
10th-April-2006, 09:50 PM
Can someone please tell me what a 'breakout' is?

Thanks
tech/a
10th-April-2006, 10:21 PM
A few examples.
RTL failed
PNA went really well.
Broadside
10th-April-2006, 10:57 PM
hey tech/a I know next to nothing about technicals, more of a fundamentalist but can you tell me as a favour if MGX has broken out the past 3 days the volume has boomed and it closed above its previous high.....how is a breakout defined? cheers