Breakouts - simple they are an indicator that a new trend has arrived. Too much over thinking and worrying about how to make money off breakouts has left my brain mushy and forget the simplicity of it. Breakouts work great because they are easy to see for the average investor / trader so they signal a buy point. Not every investor will be able to read Candlestick patterns or take the time to do so. And when something breaks out to higher highs, it is even easier to see.

Hmmm, why is it that after a breakout a stock sometime takes time to move upward? When I find the answer I'll repost.

Defined by Investopedia

A price movement through an identified level of support or resistance, which is usually followed by heavy volume and increased volatility. Traders will buy the underlying asset when the price breaks above a level of resistance and sell when it breaks below support.