Question: 3.) (10 points) Identify a popular technical analysis pattern on the daily stock price chart below (daily volume bars shown below the price chart).
3.) (10 points) Identify a popular technical analysis pattern on the daily stock price chart below (daily volume bars shown below the price chart). Draw any support or resistance lines on the chart that help define the pattern. Comment on volume levels around the pattern and how they support, or do not support, your analysis. Would you recommend buying this stock now based on its recent price action? Why or why not? 20.00 19.00 18.00 17.00 16.00 15.00 14.00 13.59 13.00 12.00 11.00 10.00 9.00 8.00 7.00 6.00
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