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The Price of a Stock Fluctuates Over a Period of 10

Question 83

Multiple Choice

The price of a stock fluctuates over a period of 10 days. The movement of the stock price below the 10-day minimum price of $25 triggers a rash of selling. The $25 price might now be considered the ________.


A) congestion area
B) penetration point
C) resistance level
D) support level

Correct Answer:

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