3:33 PM macktruck: FUSZ b/o new hod
3:34 PM Knesevitch → macktruck: not a breakout, the stock was $3 a few days ago.
That has got to be one of the stupidest, know-it-all responses I've see on this chat meant for alerts, and sadly, his ego is much too large to want to see the truth.
This is what I mean by the "think-they-know-it-all" egomaniacs who feel like they need to show the world how stupid they are. So, this post below is to help educate so you don't make yourself look stupid by posting one of those know-it-all moronic chat posts in a place where traders just want to see alerts. Traders who want to make money are just here to see alerts. We're not here wanting to deal with moronic, know-it-all posts from people who think they need to educate. You just make yourself look more stupid than you really are when you make those posts.
b/o = break out
hod = high of day
According to The Street, by Jim Kramer, and as quoted on his website, a breakout is: "A point when the stock's price moves above resistance or below support."
According to Google's terminology: Quote, "A breakout is a stock price moving outside a defined support or resistance level with increased volume."
Below is a screenshot of FUSZ today to show you where the level of resistance was on the day and to show you where the breakout on volume was,... just in case you are wondering what a real breakout is.