A Breakout Alert is triggered if the actual High Low Close price is significantly different to the intraday forecast range of the PDL model.
This may mean that the market may be changing, or starting to behave in a different way with a possible breakout from its current trading range.
If the alert occurred with no apparent reason, then the price may be expected to revert back to its current trading range.
If the alert is supported with a reason (better than expected results, new contract order, new broker recommendation etc) then a breakout to a new trading range may be expected to develop.
Buy Alert: Breakout