A Technical Analyst Would Consider the Following a Strong Buy

question 113

Multiple Choice

A technical analyst would consider the following a strong buy signal:

• A) a graph of declining prices ends in a trough followed by an upward trend that breaks through the declining trend channel.
• B) a graph of increasing prices ends in a peak followed by a downward trend that breaks through the rising trend channel.
• C) a graph begins to trade in a flat trend after it breaks out of its rising trend channel.
• D) a graph begins to trade in a declining trend after it breaks out of its flat trend channel.
• E) a graph begins to trade in a flat trend with high volume.