Which One of the Following Statements Is Correct Concerning an Open-High-Low-Close

question 17

Multiple Choice

Which one of the following statements is correct concerning an open-high-low-close bar chart?

• A)The prices indicated by the two horizontal lines are the maximum and minimum daily prices.
• B)The upper trendline indicates the support level.
• C)If the overall price movement is downward, the lower trendline is called the channel line.
• D)If the overall price movement is upward, the upper trendline is called the head line.
• E)The final price of the day is indicated by a horizontal line to the left side of the vertical line.

---

Definitions:

Interviews

A method of gathering information through direct conversation, typically involving one person asking a series of questions to another.

Time-consuming

A term used to describe tasks or processes that require a considerable amount of time to complete.

Confidentiality

The assurance that no one other than the researcher will know the identity of a respondent.

Ethnography

A qualitative research method used to study cultures and communities by observing and participating in the daily life of the subjects.