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4.) (10 points) Identify a common chart pattern on the following stock price and volume chart (prices are the upper candlesticks, volume is the lower
4.) (10 points) Identify a common chart pattern on the following stock price and volume chart (prices are the upper candlesticks, volume is the lower bar graph). Identify directly on the chart any support and/or resistance, as well as any other key characteristics of the pattern. Based only on the identified pattern and the current price and volume action shown, would you buy this stock? Why?
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