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Re: BREAKOUT



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I'm not sure what this was specifically directed at but here is my answer
anyway.

There is certainly more than one kind of Breakout. Typically a breakout is
evidenced by a strong move in price moving quickly away from the previous
price level. This usually occurs after some degree of congestion such as a
wedge formation or simply a sideways channel. Also a breakout may be a
penetration of a support or resistance level, a trend line, a channel line,
or a band.

Brent