10 Questions
Support can never turn into resistance in trading.
False
Volume is not a reliable indicator to assess the intensity of market movements.
False
Fibonacci retracement levels are vertical lines on a stock chart.
False
Bulls get tired after a downward leg in the stock's journey.
False
A strong trend ensures that a falling stock finds resistance.
False
RSI stands for Relative Strength Index and is used to measure the speed and change of price movements.
True
Breakout occurs when a stock price moves below a key support level.
False
Fibonacci retracement levels indicate where support and resistance are likely to occur in stock price movements.
True
Volume is not relevant for understanding the genuineness of candlestick patterns.
False
Resistance can never turn into support in technical analysis.
False
Test your knowledge on HH Mood Indicators, their types like EMA, RSI, Stochastics, and MACD, as well as understanding support turning into resistance. Practice identifying buy or sell signals based on different moving averages and crossovers. Perfect for traders and investors looking to enhance their market analysis skills.
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