Which One of the Following Is Correct Concerning a Head

question 49

Multiple Choice

Which one of the following is correct concerning a head and shoulders top pattern?

• A)The outside of the right shoulder is a bullish signal.
• B)The shoulders are higher than the head.
• C)The left shoulder must be higher than the right shoulder, but lower than the head.
• D)A piercing of the neckline is a reversal signal.
• E)The trend line must be relatively flat throughout the pattern.