A Technical Analyst Would Consider the Following a Strong Buy

question 29

Multiple Choice

A technical analyst would consider the following a strong buy signal:

• A) A graph of declining prices ends in a trough followed by an upward trend that breaks through the declining trend channel.
• B) A graph of increasing prices ends in a peak followed by a downward trend that breaks through the rising trend channel.
• C) A graph begins to trade in a flat trend after it breaks out of its rising trend channel
• D) A graph begins to trade in a declining trend after it breaks out of its flat trend channel
• E) None of the above

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Definitions:

Smooth

A texture or quality that is even and uninterrupted by marked changes or disturbances, often used to describe surfaces, movements, or flavors.

Cardiac

Relating to the heart and its function in health or disease.

Exercise Equipment

Tools and machines designed specifically to enhance physical fitness and performance.

Personal Preference

An individual's choice or liking, reflecting their tastes or desires.