The following chart describes a stock's 6-month trading history during which time the stock price moved...

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The following chart describes a stock's 6-month trading history during which time the stock price moved almost 100%. Using at least 4 signals based on any combination of indicators, trend lines, patterns or moving averages you see on the chart: a) describe how the stock has traded from mid-April to mid-July (4 marks); b) by July 20th this stock is trending painfully downward, what legitimate trading indicator (s) might you point to that suggest the period just prior to August 7 represented a buying point 30M 25M WEED.TO Canopy Growth Corp. TSE 15-Oct-2018 12:57pm WEED.TO (Daily) 71.10 20M 15M 10M 5M -MA(50) 56.90 -MA(200) 39.27 Volume 4,437,909 V StockCharts.com Open 65.66 High 71.81 Low 65.53 Last 71.10 Volume 4.4M Chg +6.20 (+9.55 %) 23 May 7 14 22 28 Jun 11 18 25 Jul 9 16 23 Aug7 13 20 27 Sep 10 17 24 Oct 9 15 75.0 71.10 67.5 65.0 62.5 60.0 56.90 56.0 52.5 50.0 47.5 45.0 42.5 10.0 39.27 37.5 35.0 32.5 30.0 443790 The following chart describes a stock's 6-month trading history during which time the stock price moved almost 100%. Using at least 4 signals based on any combination of indicators, trend lines, patterns or moving averages you see on the chart: a) describe how the stock has traded from mid-April to mid-July (4 marks); b) by July 20th this stock is trending painfully downward, what legitimate trading indicator (s) might you point to that suggest the period just prior to August 7 represented a buying point 30M 25M WEED.TO Canopy Growth Corp. TSE 15-Oct-2018 12:57pm WEED.TO (Daily) 71.10 20M 15M 10M 5M -MA(50) 56.90 -MA(200) 39.27 Volume 4,437,909 V StockCharts.com Open 65.66 High 71.81 Low 65.53 Last 71.10 Volume 4.4M Chg +6.20 (+9.55 %) 23 May 7 14 22 28 Jun 11 18 25 Jul 9 16 23 Aug7 13 20 27 Sep 10 17 24 Oct 9 15 75.0 71.10 67.5 65.0 62.5 60.0 56.90 56.0 52.5 50.0 47.5 45.0 42.5 10.0 39.27 37.5 35.0 32.5 30.0 443790

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a Description of the stocks price movement from midApril to midJuly From midAprill to midJuly the st... View the full answer