False Breakout

False breakout- May also be called a Hikkake Pattern, its meaning is to trick or into ensnare investors or cause attention. It is a situation when in technical analysis of a security's price crosses a resistance level or stage but then re-crosses that level or stage and returns where it was before the move. It is a common practice in which a company tries to show a breakout behaviors to encourage investors to invest in this company or corporation this also has a short period of time when this is pattern happens as is also known as a one day false breakout.