According to Market Technicians, It Is Time to Sell Stock

question 31

Multiple Choice

According to market technicians, it is time to sell stock in a head-and-shoulders formation when ________.

• A) the price index pierces the left shoulder
• B) the price index pierces the right shoulder
• C) the price index pierces the head
• D) none of these options takes place

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Definitions:

External Users

Individuals or entities outside of a company who use its financial information, such as creditors, investors, and regulatory agencies, to make decisions.

Accounting Information

Data related to the financial performance and position of a company, including balance sheets, income statements, and cash flow statements.

Financial Analysts

Professionals who evaluate financial data, economic trends, and investment opportunities to provide guidance and advice to businesses and individuals.

Financial Accounting Standards Board

An autonomous institution tasked with the development and enhancement of financial accounting and reporting guidelines within the United States.