Artificial Intelligence, Robotics, Chat bots - ChatGPT Message Board

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Technology Stocks : Artificial Intelligence, Robotics, Chat bots - ChatGPT

NVDA 194.38

+3.3%

11:52 AM EST

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Julius Wong

From: Frank Sully	6/6/2025 9:24:42 PM
	1 Recommendation of 5485

Indeed, Ron, KRKNF had eight times the normal volume today (2M shares versus 250K). A big upswing like this (14.5%) to new ATH is I think called a "Breakout". What Is a Breakout? A breakout is a stock price moving outside a defined support or resistance level with increased volume. A breakout trader enters a long position after the stock price breaks above resistance or enters a short position after the stock breaks below support. Once the stock trades beyond the price barrier, volatility tends to increase and prices usually trend in the breakout's direction. The reason breakouts are such an important trading strategy is because these setups are the starting point for future volatility increases, large price swings and, in many circumstances, major price trends. Need confirmation of uptrend.

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