Question: What does a Double Top indicate? A new price floor The longer the duration of the trading range A market bottom A market top What
What does a Double Top indicate?
| A new price floor | |
| The longer the duration of the trading range | |
| A market bottom | |
| A market top |
What will a Flag on a stock chart indicate?
| Identifying a relative high or low price over a specific period | |
| The relative strength or weakness of a security you are considering putting into or removing from your portfolio | |
| After prices consolidate in a down trend, there will be a breakout point where they start to rise | |
| A bearish signal occurs when prices break below the lower trendline. |
What does the Morning Star formation indicate?
| A bearish reversal pattern | |
| A bullish reversal pattern | |
| A bullish pattern | |
| A bearish pattern |
What do Fibonacci ratios often display?
| The points at which a market price reverses its current position or trend | |
| How much a company is earning compared to the price of the stock | |
| It indicates that the stock hit a bottom market price | |
| An indication that the bulls are losing interest in the stock |
What is the MACD used for?
| To have your profits and losses cancel out, a 0% return. | |
| To take advantage of price differences in at least two different markets | |
| To track the emotions of traders | |
| To show trends following the characteristics of this centered oscillator |
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