For Technical Analysts,the Pattern Formed by a Series of Price

question 41

Multiple Choice

For technical analysts,the pattern formed by a series of price fluctuations characterised by rising bottoms and horizontal tops is a/an:

• A) ascending triangle.
• B) symmetrical triangle.
• C) descending triangle.
• D) a pennant.

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Definitions:

Market Price

The present rate at which a service or asset is available for purchase or sale on the market.

Contract Price

The agreed-upon amount of money one party will pay another in exchange for the fulfillment of agreed-upon obligations.

Market Price

The going rate at which a service or an asset is available for buy or sell in the particular market.

Actual Price

The real, final amount paid for goods or services, including all discounts, charges, and taxes.