What Is a ‘Market Breakout?’

  • Date: 08-May-2021
  • Source: The Wall Street Journal
  • Sector:Oil & Gas
  • Country:Gulf
  • Who else needs to know?

What Is a ‘Market Breakout?’

Sometimes Wall Street pros refer to an event known as a “breakout.” For those unfamiliar with the term, here is what it means and why it matters to investors.

The first part of the pattern starts when a stock rallies to a certain level, but then retreats, Mr. Parets says.