FIN206 - Tutorial 3 1. According to the general rule of technical analysis, how many intermediate trends are there within a primary trend? 2. What are the common causes for an intermediate correction in a bull market? 3. What is the difference between a primary intermediate price movement and a secondary reaction? 4. What are the 4 basic types of trend? List them in the order from shortest to longest duration. 5. When performing peak and trough analysis, how much must a price retrace in order to be considered as a peak or trough? 6. During the formation of a price pattern, the direction of the breakout is not known. Therefore, you should assume 7. Recommend a stock and its price to purchase using the techniques that you have learned from this week's lecture. Print out the related chart and explain your selection. 8. Recommend a stock and its price to sell using the techniques that you have learned from this week's lecture. Print out the related chart and explain your selection