One of the Most Commonly Heard Components of Technical Analysis

question 35

Multiple Choice

One of the most commonly heard components of technical analysis is the notion of a resistance level, which refers to

• A)price levels below which it is unlikely for them to fall.
• B)price levels above which it is difficult for stock prices to rise.
• C)stock performance over a recent period to performance of the market or other stocks in the same industry.
• D)the present discounted value of all the payments a stockholder will receive from each share of stock.

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