Quiz Question#4
Attached is the weekly and daily charts of a mystery stock with a set of questions below for you to answer, and I'd encourage you to elaborate if you can as it helps in analyzing the Stage.
- Is price above a flat, rising or declining 30 week MA?
- Is price above the 10 week MA?
- Is the 10 week MA rising or falling?
- What is the volume doing?
- Is the relative performance versus the S&P 500 strengthening or weakening?
- Is the relative performance versus the S&P 500 above or below the zero line?
- Is the relative performance zero line itself down, flattening or rising?
- Is there significant near term resistance? If yes, then where?
- What is the Stage of this stock?
- Should an investor buy the stock? Elaborate.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.