A resistance level is a price range:
A) at which a significant increase in demand for a stock is expected.
B) at which a significant increase in supply of a stock is expected.
C) below which a stock price cannot go.
D) above which a stock price cannot go.
Correct Answer:
Verified
Q1: The use of technical analysis flies in
Q2: Which one of the following is not
Q3: Technical analysis is based on the following
Q4: Which of the following is not true
Q5: Technical corrections:
A) occur during secondary or intermediate
Q7: Which of the following is not a
Q8: The advance-decline line:
A) measures the number of
Q9: Which of the following is not a
Q10: An increase in the short interest ratio
Q11: A principal weakness of the Dow Theory
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