Breakout Trader

Pimples for blackheads here. Get your pimples for blackheads…

A stock trader who believes in the predictive value of technical analysis so fervently that they base buy and sell decisions around breakout activity. Nancy only buys clothes after they have fallen out of fashion and go on sale at deep discounts, believing that the cyclical nature of fashion will see them back in style eventually.

Once that happens, taking advantage of the spike in popularity, Nancy brings the clothes to consignment stores and sells them for a profit. Nancy is effectively a breakout trader.