Question
What is the name of the candlestick pattern to the far right of the chart (the last day of trading)? Refer to separate file with
-
What is the name of the candlestick pattern to the far right of the chart (the last day of trading)? Refer to separate file with charts.
a. Bullish Engulfing
b. Hammer
c. Doji
d. Bearish Engulfing
2. When an index makes a new high but the Advance / Decline Line does not, this is known as a:
a. | Bullish Divergence | |
b. | Confirmation | |
c. | Bearish Divergence | |
d. | None of the Above |
3. What is the name of the pattern in the box? Refer to charts in separate file.
a. | Double Top | |
b. | Falling Wedge | |
c. | Head and Shoulders Bottom | |
d. | Rectangle |
4. 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? Refer to separate file for charts.
$19.00 | ||
$21.50 | ||
$12.50 | ||
$22.00 |
5. Which pattern is usually preceded by a sharp advance or decline with heavy volume and tends to mark the midpoint of the move?
a. | outside bar | |
b. | pennant | |
c. | Head and Shoulders Top | |
d. | wedge |
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