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Ben has been watching the chart pattern of a stock he is interested in for some time. He has noticed that the stock price has
Ben has been watching the chart pattern of a stock he is interested in for some time. He has noticed that the stock price has hovered around a support level for several weeks. What investment decision might she make?
a. | Buy the stock because the price could start to rise. | |
b. | Sell the stock because its price should start to decline. | |
c. | Short the stock because the stock price should continue to decrease. | |
d. | Buy the stock because the price will remain stable. |
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