One of the Most Commonly Heard Components of Technical Analysis

Multiple Choice

One of the most commonly heard components of technical analysis is the notion of a resistance level, which refers to

A) price levels below which it is unlikely for them to fall.
B) price levels above which it is difficult for stock prices to rise.
C) stock performance over a recent period to performance of the market or other stocks in the same industry.
D) the present discounted value of all the payments a stockholder will receive from each share of stock.