Australian (ASX) Stock Market Forum

What is a breakout?

A few examples.
RTL failed
PNA went really well.
 

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hey tech/a I know next to nothing about technicals, more of a fundamentalist but can you tell me as a favour if MGX has broken out the past 3 days the volume has boomed and it closed above its previous high.....how is a breakout defined? cheers
 
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