Question: The basic concept behind the use of a trendline is that a. a trend in motion will tend to remain in motion until it reverses
The basic concept behind the use of a trendline is that a. a trend in motion will tend to remain in motion until it reverses b. price and volume tend to confirm each other c. prices follow a natural rhythm d. prices rise and fall in cyclical patterns QUESTION 2 The objective of the Dow Theory is to determine a. changes in market psychology b. the likelihood of volume reversals c. the primary direction of the stock market d. iming of market bottoms QUESTION 3 The advance-decline line is used to indicate a. if a bull market is occurring b. if the intermediate market cycle is nearing completion c. if the majority of stocks in the market are acting in concert with the major averages d. if volume trends are confiming price trends
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
