A breakout is when

prices A price is the (usually not negative) quantity of payment or compensation given by one party to another in return for goods or services. In some situations, the price of production has a different name. If the product is a "good" in the ...

pass through and stay through an area of

support Support may refer to: Arts, entertainment, and media * Supporting character Business and finance * Support (technical analysis) * Child support * Customer support * Income Support Construction * Support (structure), or lateral support, a ...

or resistance. On the technical analysis chart a ''break out'' occurs when price of a stock or commodity exits an area pattern. Oftentimes, a stock or commodity will bounce between the areas of

and resistance and when it breaks through either one of these barriers you can consider the direction that it's heading in a trend. Often the resistance level the price breaks through becomes a new support level, and vice versa. This can be a "Buy" or "Sell" signal depending on which barrier it broke through.

References

Breakout with volume
Technical analysis {{Econ-stub