Solved

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

Question 45

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.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents