Question: In a head and shoulders pattern, if the neckline is at 50, the shoulders at 56, and the head at 61, a reasonable price target

In a head and shoulders pattern, if the neckline is at 50, the shoulders at 56, and the head at 61, a reasonable price target is closest to which of the following? 72 67 39 45

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

A pair of pliers is shown in Figure. Draw a kinematic diagram of the mechanism. FIGURE 00

In a head and shoulders pattern, if the neckline is at 50, the shoulders at 56, and the head at 61, a reasonable price target is closest to which of the following? 72 67 39 45

In an inverted head and shoulders pattern, if the neckline is at 100, the shoulders at 90, and the head at 75, the price target is closest to which of the following? A. 50. B. 110. C. 125.

14 In an inverted head and shoulders pattern, if the neckline is at 100, the shoulders at 90, and the head at 75, the price target is closest to which of the following? A 50. B 110. C 125.

In an inverted head and shoulders pattern, if the neckline is at h100, the shoulders are at 90, and the head is at 75, the price target is closest to which of the following? A. 50. B. 110. C. 125.

In a head ans shoulders pattern, if the neckline is $60, the shoulder is at $66, and the head is at $71, a reasonable price target is?

Anyone got complete answers to this quiz? 1. 5a_39 In technical analysis, what is a support level for a stock? A. Demand exceeds supply. B. Supply exceeds demand. C. Volume sold equals volume...

7-16 Chapter 7 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...

Danielle Waterhouse is the technical analyst at Kanektok Securities. One of the companies her firm follows is LPA Petroleum. Waterhouse believes that a graph of LPAs share prices over the past six...

These are what my teacher expects for a strategic analysis essay: "Strategic Case Analyses - Case studies provide important windows into the real problems that firms are trying to solve. Note, since...

Averell Cabinetry Case Overview This case is presented as close as possible to the way you may encounter it in working life. Your role is that of a newly hired HR manager. You will learn about the...

After successfully running her small private recruitment agency for a number of years, Jessica feels it is now time to expand. Her friends in business have told her to 'get big or get out'. One of...

Telemarketers obtain names and telephone numbers from several sources. To determine whether one particular source is better than a second, a random sample of names and numbers from the two different...

A 7:35 on n . 25% Else Chat Stud HOL 1 Silk Stud Pop Q1 P eaqng.elsevier.com/#/quiz?assignmentld=6843054 ED X Report content error Study mode U ON uit estion 110 hich parameter would the nurse assess...

A company is preparing completing their Cash Budget. The following data has been prepared for cash receipts and payments. January February March Cash receipts $1,061,200 $1,182,400 $1,091,700 Cash...