FINRA Series 7 General Securities Representative Qualification Examination (GS) Series-7 Question # 15 Topic 2 Discussion
Series-7 Exam Topic 2 Question 15 Discussion:
Question #: 15
Topic #: 2
After an extended period of backing and filling, a stock moves up sharply through a resistance level on heavy volume. A technical analyst would likely call this a:
breakout. An upward move through a resistance level that is confirmed by heavy volume is called a breakout.
Contribute your Thoughts:
Chosen Answer:
This is a voting comment (?). You can switch to a simple comment. It is better to Upvote an existing comment if you don't have anything to add.
Submit