Solved

A Technical Analyst Would Consider the Following a Strong Buy

Question 29

Multiple Choice

A technical analyst would consider the following a strong buy signal:


A) A graph of declining prices ends in a trough followed by an upward trend that breaks through the declining trend channel.
B) A graph of increasing prices ends in a peak followed by a downward trend that breaks through the rising trend channel.
C) A graph begins to trade in a flat trend after it breaks out of its rising trend channel
D) A graph begins to trade in a declining trend after it breaks out of its flat trend channel
E) None of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions