PART B thanks

Question 3 (20 marks) Refer to Chart 3 for this question. (Online students: Plot on PowerPoint slide, indicate all answers on it and paste it on the answer template and submit into the dropbox. On campus students: Plot on hardcopy and submit as part of hardcopy report. Scan and paste the chart onto the Word document and submit into the dropbox.) (a) With the help of suitable lines and annotations, indicate the trends for the following periods: i. Between Jun to Jul 2022. ii. Between 19 Sep to 31 Oct 2022. (4 marks) (b) From the beginning of the chart to 13 Jun 2022. Using suitable lines, arrows and annotations, indicate the pattern found. (2 marks) (c) Refer to the ellipse marked A on the chart. Using suitable lines, arrows and annotations, indicate the pattern found. Indicate the price objective (\$) of this pattern when it is fully formed. (4 marks) (d) Refer to the gaps marked B, C and D. List these gaps and provide ONE (1) characteristic of each gap. (6 marks) (e) Refer to the trend from 14 Nov 2022 to the end of the chart marked Trend E. What trend is emerging. Provide reasons of your belief and provide the price levels for the trend to go up or down. Mark these levels on the chart. (4 marks) Question 3 (20 marks) Refer to Chart 3 for this question. (Online students: Plot on PowerPoint slide, indicate all answers on it and paste it on the answer template and submit into the dropbox. On campus students: Plot on hardcopy and submit as part of hardcopy report. Scan and paste the chart onto the Word document and submit into the dropbox.) (a) With the help of suitable lines and annotations, indicate the trends for the following periods: i. Between Jun to Jul 2022. ii. Between 19 Sep to 31 Oct 2022. (4 marks) (b) From the beginning of the chart to 13 Jun 2022. Using suitable lines, arrows and annotations, indicate the pattern found. (2 marks) (c) Refer to the ellipse marked A on the chart. Using suitable lines, arrows and annotations, indicate the pattern found. Indicate the price objective (\$) of this pattern when it is fully formed. (4 marks) (d) Refer to the gaps marked B, C and D. List these gaps and provide ONE (1) characteristic of each gap. (6 marks) (e) Refer to the trend from 14 Nov 2022 to the end of the chart marked Trend E. What trend is emerging. Provide reasons of your belief and provide the price levels for the trend to go up or down. Mark these levels on the chart. (4 marks)