Technicians Believe That a Stock That Is Outperforming the Market

question 12

Multiple Choice

Technicians believe that a stock that is outperforming the market will tend to:

• A) form head and shoulder patterns.
• B) meet a resistance level.
• C) reverse trend.
• D) return to normal.
• E) continue to outperform the market.

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Definitions:

City Ordinance

A rule or law enacted by a local government authority to regulate, permit, or prohibit certain activities within its jurisdiction.

Consecutive Sundays

Two or more Sundays that follow one directly after the other without interruption.

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The lowest amount or level that is legally allowed, often referring to wages, working conditions, or environmental standards.