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1 Apr

Lesson 3: Breakout Chart Pattern

by

Momentum Stocks

Breakout

Lesson 3: Breakout Chart Pattern – KNDI, JVA, NEOM, LQMT, DMD, QPSA, RENN

A price movement through an identified level of support or resistance, which is usually followed by heavy volume and increased volatility. Traders will buy the underlying asset when the price breaks above a level of resistance and sell when it breaks below support.

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