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Chart from © StockCharts.com |
Resistance Breakdown Stocks
When a stock breaks below prior stock price in a significant way
(see the dotted lines above), the stock is likely to continue in an downward direction!
Resistance breakdown stocks are great for short and medium term holds (short
selling), for increased profit potential and lower risk.
The following popular resistance breakdown patterns also appear
in our resistance breakdown stock reports:
Descending Triangle breakdown pattern
Head and Shoulders breakdown pattern
Double Top breakdown pattern
Triple Top breakdown pattern |