Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 11 The most recent price activity in this chart is a quadruple top breakout. The box size is $0.50 and the reversal size is

image text in transcribedimage text in transcribed

QUESTION 11 The most recent price activity in this chart is a quadruple top breakout. The box size is $0.50 and the reversal size is three boxes. What is the price objective for the breakout using the horizontal count method? 1 00 4000 47.00 4000 20 400 400 0 00 1700 15 00 400 12 00 1.00 51.00 50.00 1900 0 00 1700 4400 70X 45.00 003 xoxoxox xoxo 400 X . 4. 00 X oxoxoxo 4000 OX OX00) 10 00 00 OX 17.00 1 OX 15.00 OX 100 OX OX x xox 33 00 XOXOX 2 3000 OX OX OX 2000 OX OX 2000 200 26.00 25.00 OX OX 2000 AXO 22.00 21.00 2000 oxox o 1900 1050 02 150 1700 OX OX oxoxo 1930 oxoxo 1900 oxoxo 1450 OX OX OX 1400 oxoxoxo 150 13.00 1250 0 00 2000 22.00 26 00 28 00 2000 22 00 20 00 1050 100 1700 10 30 1900 1450 1400 1000 12 50 2400 2000 22.00 2. 00 20.00 22 00 21.00 20 00 19.00 130 1200 1050 1000 1930 15.00 1450 AXO oxoxo 0 OX OX oxoxo OToxo oxoxo oxoxo oxoxoxo 1750 1200 1050 1000 13 00 14 50 1000 12 50 1050 13.00 1250 12.00 30 11.00 1030 1000 250 200 150 11.00 ox x x x OX XOXOX OX OX OX OX 0 00 250 100 050 10 19 $19.00 $21.50 $12.50 $22.00

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Sport Finance

Authors: Gil Fried, Timothy D. DeSchriver, Michael Mondello

4th Edition

1492559733, 978-1492559733

More Books

Students also viewed these Finance questions