A Resistance Level Differs from a Support Level in That

question 76

Multiple Choice

A resistance level differs from a support level in that

• A) at a resistance level most investors would hold stock until the price improves; at a support level a stock becomes overvalued and investor interest is likely to decrease.
• B) at a resistance level the analyst would expect a substantial increase in the demand for a stock; at a support level the analyst would expect a substantial decrease in the demand for a stock.
• C) at a resistance level most investors would sell a stock; at a support level most investors would be willing to purchase a stock.
• D) Choices a and b
• E) None of the above.

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Definitions:

Internal Locus

A psychological term referring to individuals who believe they can control their life events and outcomes.

Feeling Trapped

An emotional state where an individual feels confined or unable to escape from a situation.

File Clerk

An administrative professional responsible for the filing and organization of documents and records.

External Locus Of Control

A psychological concept where individuals believe that external forces or events control their life outcomes.