7.1

True or False - A breakout occurs when a stock's price moves up quickly above a former support line?

True

False

True or False - Technical Analysis is for day trading?

True

False

What do all stock charts have in common?

Price is on the vertical axis and time is on the horizontal axis

Time is on the vertical axis and price is on the horizontal axis

Price is on the vertical axis and trading volume is on the horizontal axis

The data is always based on opening prices

What does OHLC stand for?

Open High Liquidity Close

Opportunity High Low Chart

Open High Low Close

Opportunity High Liquidity Cost

What does time horizon mean?

The y-axis in all technical analysis charts

The period one expects to hold an investment until they need the money back

A retirement investment strategy

The duration that investors are actively trading their assets

How do you recognize the Cup with Handle pattern?

There is a deep V-shape to the cup

The handle tends to rise abruptly

The cup always precedes the handle

Investors buy at the bottom of the cup formation

What does the Cup with Handle pattern show?

A continuation of a more bearish market sentiment

A continuation of a more bullish market sentiment

The lowest amount a seller would be willing to take for a share of a security.

The highest amount a buyer would be willing to pay for a share of a security.

Which of the following is not a chart style introduced in this course?

Mountain Chart

Renko Chart

Volume Chart

Candlestick Chart

What does the upright formation of the Head and Shoulders indicate?

The Left Shoulder

The Neckline

Prices will rise after the formation is complete

Prices will fall after the formation is complete

When reading a stock chart, what is plotted along the horizontal axis?

Time

Price

Volume

Investor Sentiment

True or False - Is it better to buy at the resistance level?

True

False

True or False - Is it better to sell at the support level?

True

False

A Double Bottom looks like what?

A "W" Shape

An "M" Shape

Head with Shoulders pattern

B and C

What does the logarithmic scale help show you?

A better visual of how the price will change over the next day

A better visual of how the price will change over the next month

A better visual of the percentage change in trading volume

A better visual of the percentage change in the stock price