September 2012
Beginner
256 pages
5h 53m
English
book
Study Guide for the Second Edition of Technical Analysis: The Complete Resource for Financial Market Technicians
by CMT Charles D. Kirkpatrick II, Julie R. Dahlquist Ph.D., CMT
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Chapter 13. Breakouts, Stops, and Retracements
Chapter Objectives
By the end of this chapter, you should
• Understand what a breakout is
• Be familiar with the major methods of identifying a breakout
• Be familiar with the purpose of entry and exit stops
• Be familiar with the major methods of setting entry and exit stops
Chapter Summary
Breakouts
A breakout occurs when a price breaks through a support or resistance level or through a trend line. After the support level, resistance level, or trend line has been penetrated, the breakout must be confirmed to make sure a false breakout hasn’t occurred. One way to confirm a breakout is to wait until the price closes beyond the penetration point. Another confirmation method is to establish a breakout ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.