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

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

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!