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The Share Price of Royal Software Inc

Question 33

Multiple Choice

The share price of Royal Software Inc. bottomed out at $15.00 and over the next two months gradually rose through $16.00 to where it currently stands at $17.50. Which of the following stock patterns is a technical analyst investor following if he buys the stock at $17.50?


A) Channel.
B) Head and shoulders.
C) Line trend.
D) Triangle.
E) Cup with handle.

Correct Answer:

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