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A price movement through an identified level of support, which is usually followed by heavy volume and sharp declines. Technical traders will short sell the underlying asset when the price of the security breaks below a support level because it is a clear indication that the bears are in control and that additional selling pressure is likely to follow.
Technical tools such as moving averages, trendlines and chart patterns are the most common methods for technical traders to identify strong areas of support. A breakdown is the bearish counterpart of a breakout.
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