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In the following chart, interpret the reading of the stochastic indicator: Meille on her sur 34.0000 33.0000 - 32.0000 31.0000 30.0000 29.0000 28.0000 - 27.0000
In the following chart, interpret the reading of the stochastic indicator: Meille on her sur 34.0000 33.0000 - 32.0000 31.0000 30.0000 29.0000 28.0000 - 27.0000 26.0000 25.0000 24.00 - 23.00 22.0000 21.0000 - 20.0000 14/3/3 Slow Stochastic 100.00 - 80.00 - 60.00 munhow 10.00 20.00 . Feb 2016 01 Apr May Jun jul Nov Dec Jan 2015 Select one: A. Negative divergence as stochastic made a higher high and price a new low; should wait for a breakout for a close above $25. B. Positive divergence as stochastic made a higher high, and prices a new low; should have gone long immediately at $20 and placed a protective stop below the latest low C. Stochastic is in overbought zone which indicates prices are losing momentum and are going to fall again. O D. Stochastic is confirming the price action; should use current strength in price to initiate short position
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