Some Technical Analysts Use Fibonacci Numbers to Predict

question 84

Multiple Choice

Some technical analysts use Fibonacci numbers to predict:

• A)primary trend breakthroughs.
• B)market turnarounds.
• C)secondary market trend lines.
• D)relative performance values.
• E)resistance and support levels.

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Definitions:

Receivable Turnover Ratio

A financial metric used to measure how efficiently a company uses its assets by calculating how many times a company can turn its accounts receivable into cash within a period.

Inventory Turnover Ratio

The inventory turnover ratio measures how many times a company's inventory is sold and replaced over a period.

Average Days

An accounting measure used to calculate the average number of days taken for a company to collect cash from its customers or pay its debts.

Dividend Yield Ratio

An economic ratio that illustrates the yearly dividend disbursement of a company as a percentage of its stock value.