Podcast
Questions and Answers
What is the term for the pattern that marks the turning point between the bull and bear phases?
What is the term for the pattern that marks the turning point between the bull and bear phases?
- Accumulation pattern
- Pennant pattern
- Reversal pattern (correct)
- Distribution pattern
What type of pattern is formed when the price hits a resistance level, breaks through it, hits a higher resistance level, and then hits the first resistance level again?
What type of pattern is formed when the price hits a resistance level, breaks through it, hits a higher resistance level, and then hits the first resistance level again?
- Accumulation pattern
- Head-and-shoulders top (correct)
- Head-and-shoulders bottom
- Distribution pattern
What is the characteristic of volume during the formation of the left shoulder?
What is the characteristic of volume during the formation of the left shoulder?
- It is nonexistent
- It is normally light
- It is inconsistent
- It is normally heaviest (correct)
What is the term for the pattern that forms when the security passes from weak, uninformed participants to strong, informed ones?
What is the term for the pattern that forms when the security passes from weak, uninformed participants to strong, informed ones?
What is the term for the pattern that forms when the security is distributed from strong, informed participants to weak, uninformed ones?
What is the term for the pattern that forms when the security is distributed from strong, informed participants to weak, uninformed ones?
What is the primary difference between a head-and-shoulders top and a head-and-shoulders bottom?
What is the primary difference between a head-and-shoulders top and a head-and-shoulders bottom?
What is the significance of the price pushing through line AA in Figure 8.6?
What is the significance of the price pushing through line AA in Figure 8.6?
What is the purpose of analyzing volume characteristics in head-and-shoulders patterns?
What is the purpose of analyzing volume characteristics in head-and-shoulders patterns?
What is the relationship between the security and market participants in a distribution area?
What is the relationship between the security and market participants in a distribution area?
What is the commonality between the formation of the left shoulder and the approach to the peak in head-and-shoulders patterns?
What is the commonality between the formation of the left shoulder and the approach to the peak in head-and-shoulders patterns?
What determines whether a pennant pattern is bullish or bearish?
What determines whether a pennant pattern is bullish or bearish?
What is the characteristic of a pennant pattern in terms of its formation period?
What is the characteristic of a pennant pattern in terms of its formation period?
What type of pattern is a pennant?
What type of pattern is a pennant?
What is the difference between a pennant and a triangle?
What is the difference between a pennant and a triangle?
What happens to the price of a stock as it forms a pennant?
What happens to the price of a stock as it forms a pennant?
What is the symmetrical triangle?
What is the symmetrical triangle?
What is the main characteristic of a triple top?
What is the main characteristic of a triple top?
What is the purpose of continuation patterns?
What is the purpose of continuation patterns?
What type of pattern is a flag?
What type of pattern is a flag?
What is the main difference between a triple top and a triple bottom?
What is the main difference between a triple top and a triple bottom?
Which continuation pattern forms as the price moves in a triangle shape?
Which continuation pattern forms as the price moves in a triangle shape?
What is the main purpose of understanding chart patterns?
What is the main purpose of understanding chart patterns?
What is the primary purpose of analyzing volume characteristics in head-and-shoulders patterns?
What is the primary purpose of analyzing volume characteristics in head-and-shoulders patterns?
Which part of a head-and-shoulders pattern forms when the price hits a resistance level?
Which part of a head-and-shoulders pattern forms when the price hits a resistance level?
What happens to the price in a head-and-shoulders bottom pattern?
What happens to the price in a head-and-shoulders bottom pattern?
What is characteristic of the activity during the formation of the left shoulder?
What is characteristic of the activity during the formation of the left shoulder?
What is the relationship between the security and market participants in an accumulation pattern?
What is the relationship between the security and market participants in an accumulation pattern?
What is the significance of the price pushing through line AA in Figure 8.6?
What is the significance of the price pushing through line AA in Figure 8.6?
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