Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Which of the following are true regarding technical analysis? 1. When MACD crosses above its signal line, one should buy the stock. 2. When width
Which of the following are true regarding technical analysis?
1. When MACD crosses above its signal line, one should buy the stock.
2. When width of Bollinger Bands of a stock has stayed relatively narrow, one should expect that the volatility of the stock will increase.
3. Using RSI to sell when it is above 70 and buy when it is below 30 is a mean reversion strategy.
A. Only 1
B. Only 2
C. 1 and 2 are true
D. 2 and 3 are true
E. All of the above
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