Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What does a Double Top indicate? A new price floor The longer the duration of the trading range A market bottom A market top What
What does a Double Top indicate?
A new price floor | |
The longer the duration of the trading range | |
A market bottom | |
A market top |
What will a Flag on a stock chart indicate?
Identifying a relative high or low price over a specific period | |
The relative strength or weakness of a security you are considering putting into or removing from your portfolio | |
After prices consolidate in a down trend, there will be a breakout point where they start to rise | |
A bearish signal occurs when prices break below the lower trendline. |
What does the Morning Star formation indicate?
A bearish reversal pattern | |
A bullish reversal pattern | |
A bullish pattern | |
A bearish pattern |
What do Fibonacci ratios often display?
The points at which a market price reverses its current position or trend | |
How much a company is earning compared to the price of the stock | |
It indicates that the stock hit a bottom market price | |
An indication that the bulls are losing interest in the stock |
What is the MACD used for?
To have your profits and losses cancel out, a 0% return. | |
To take advantage of price differences in at least two different markets | |
To track the emotions of traders | |
To show trends following the characteristics of this centered oscillator |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started