P9.4 Below are figures representing the number of stocks making new highs and new lows for each
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P9.4 Below are figures representing the number of stocks making new highs and new lows for each month over a six-month period: Month New Highs New Lows July 117 22 August 95 34 September 84 41 October 64 79 November 53 98 December 19 101 Would a technical analyst consider the trend to be bullish or bearish over this period? Explain.
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Related Book For
Fundamentals Of Investing
ISBN: 9780136117049
11th Edition
Authors: Lawrence J. Gitman, Michael D. Joehnk, Scott B. Smart, Scott J. Smart
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