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In this video tutorial by Jared Wesley of Live Traders, he discusses the topic of breakouts and why some of them fail. While the idea that all breakouts fail is partially true, there are profitable opportunities when buying the bottom of a breakout with certain indicators. The key is in how breakouts are applied and there are multiple ways to do it. Wesley emphasizes the importance of distinguishing between a proper, tradable breakout and just a breakout that may not be profitable. Stocks can move higher after breaking out, but not all breakouts are tradable.
