Technical
Breakdown
QUICK DEFINITION
Breakdown in Elliott Wave Theory: A price movement below a defined support level or pattern boundary. In bearish Elliott Wave structures, breakdowns often confirm Wave C initiation or the start of a new impulsive decline.
What Breakdown Means
A price movement below a defined support level or pattern boundary. In bearish Elliott Wave structures, breakdowns often confirm Wave C initiation or the start of a new impulsive decline.
Where You'll See It
Breakdown appears regularly in Artavest's weekly wave-count analysis across 108 US stocks and ETFs. It's part of the technical family of Elliott Wave concepts and shows up most often when analysts are applying technical analysis tools — RSI, MACD, moving averages — alongside the wave count.
LEARN MORE
- → Elliott Wave Theory Guide — the 5-3 pattern, rules, Fibonacci, wave degrees
- → Elliott Wave Cheat Sheet — the 3 absolute rules and 6 Fibonacci relationships
- → Our Methodology — how Artavest analysts count waves on 108 US instruments