BREAKOUT


Meaning of BREAKOUT in English

A rise in a security's price above a resistance level (commonly its previous high price) or drop below a level of support (commonly the former lowest price.) A breakout is taken to signify a continuing move in the same direction. Can be used by technical analysts as a buy or sell indicator.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.