Sentences with phrase «false breakout above»

$ MZOR has tightened up on the weekly chart the past two weeks after a false breakout above $ 43.

Not exact matches

The recent «false breakout» absorbed overhead supply, which should make it easier for $ MX to surge higher after it breaks out above the high of its recent range.
Since undergoing a false breakout on January 15, $ GXG has pulled back to and held support of the 20 - day exponential moving average (beige line on the chart above).
Entry via a market or limit order allows the trader some time to determine whether or not the breakout above (below) point B is genuine or false.
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