Podcast
Questions and Answers
Fibonacci retracement levels are vertical lines on a stock chart.
Fibonacci retracement levels are vertical lines on a stock chart.
False (B)
When a stock is falling, Fibonacci retracement levels can help identify potential support and resistance areas.
When a stock is falling, Fibonacci retracement levels can help identify potential support and resistance areas.
True (A)
Bulls get tired in a downward stock movement according to Fibonacci retracement levels.
Bulls get tired in a downward stock movement according to Fibonacci retracement levels.
False (B)
Volume is not a relevant indicator in understanding stock price movements.
Volume is not a relevant indicator in understanding stock price movements.
Breakout and Breakdown are unrelated to volume according to the text.
Breakout and Breakdown are unrelated to volume according to the text.
Support always turns into resistance in stock trading as per the information provided.
Support always turns into resistance in stock trading as per the information provided.
Horizontal lines on a stock chart indicate Fibonacci retracement levels according to the text.
Horizontal lines on a stock chart indicate Fibonacci retracement levels according to the text.
Fibonacci retracement levels are only useful during upward stock movements.
Fibonacci retracement levels are only useful during upward stock movements.
RSI (Relative Strength Index) is mentioned as a key indicator in the text.
RSI (Relative Strength Index) is mentioned as a key indicator in the text.
A strong trend ensures that a falling stock always finds support.
A strong trend ensures that a falling stock always finds support.
