Question
You will study candle charts of AAPL and MSFT from 1/1/2021 to 2/18/2022. Using RSI b. Finding support and resistance (5 pt) - Find a
You will study candle charts of AAPL and MSFT from 1/1/2021 to 2/18/2022.
Using RSI
b. Finding support and resistance (5 pt)
- Find a support level for each stock and a resistance level next to that. Explain why you think those are support and resistance levels. You should submit the chart and draw those levels.
Using MACD (5 pt)
- Find a period when MACD < 0 and the next period when MACD > 0 in the chart of each stock. Then, find a day when MACD cross up (i.e., from < 0 to > 0): what is its price at close? Finally, find a day after that when MACD cross down (i.e., from > 0 to < 0): what is its price at close?
You will submit the chart with MACD and mark the crossing up and crossing down events.
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