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Which of the following statements regarding envelopes and bands is true? A. A percentage envelope is designed to calculate the potential upside or downside once

Which of the following statements regarding envelopes and bands is true?

A.

A percentage envelope is designed to calculate the potential upside or downside once a breakout occurs.

B.

Bands are envelopes that are calculated to adjust for the price volatility around the moving average.

C.

Bands are typically used to identify pullbacks and throwbacks.

D.

All of these answers are true.

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