Below are figures representing the number of stocks making new highs and new lows for each month
Question:
Below are figures representing the number of stocks making new highs and new lows for each month over a six-month period:
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Would a technical analyst consider the trend to be bullish or bearish over this period? Explain.
StocksStocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...
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One approach would be to subtract the number of new lows from the numb...View the full answer
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Related Book For 
Fundamentals of Investing
ISBN: 978-0133075359
12th edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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