A breakdown is a downward move in a security's price, usually through an identified level of support, that portends further declines.
A breakdown commonly occurs on heavy volume and the subsequent move lower tends to be quick in duration and severe in magnitude.
A breakdown can be identified by traders using technical tools such as moving averages, trendlines, and chart patterns.
A breakdown commonly occurs on heavy volume and the subsequent move lower tends to be quick in duration and severe in magnitude.
A breakdown can be identified by traders using technical tools such as moving averages, trendlines, and chart patterns.